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1996 SESSION

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HB 1503 Tax credits for rent reductions.

Introduced by: Alan A. Diamonstein | all patrons    ...    notes | add to my profiles

SUMMARY:

Tax credits for rent reductions. Extends the sunset date for three years on tax credits for rent reductions on dwelling units occupied by low-income tenants who are elderly or disabled. Currently, the tax credit is set to expire on December 31, 1996, and this legislation extends it through December 31, 1999. Also, the legislation limits the ability of individuals or corporations to claim the credit unless they had validly claimed the credit in June, 1996, and the dwelling unit was occupied by such tenant in June, 1996.

FULL TEXT

• 01/22/96  House: Presented & ordered printed 964835805  pdf
• 03/10/96  House: Bill text as passed House and Senate (HB1503ER)  pdf
• 04/05/96  Governor: Acts of Assembly Chapter text (CHAP0521)  pdf

HISTORY

• 01/22/96  House: Presented & ordered printed 964835805
• 01/22/96  House: Referred to Committee on Finance
• 01/24/96  House: Assigned to Finance sub-committee: 2
• 02/13/96  House: Reported from Finance (21-Y 0-N)
• 02/14/96  House: Read first time
• 02/15/96  House: Read second time and engrossed
• 02/16/96  House: Read third time and passed House (Block Vote) (100-Y 0-N)
• 02/16/96  House: VOTE: BLOCK VOTE PASSAGE (100-Y 0-N)
• 02/16/96  House: Communicated to Senate
• 02/19/96  Senate: Read first time
• 02/19/96  Senate: Referred to Committee on Finance
• 02/27/96  Senate: Reported from Finance (16-Y 0-N 1-A)
• 02/27/96  Senate: Constitutional reading dispensed (40-Y 0-N)
• 02/27/96  Senate: VOTE: (40-Y 0-N)
• 02/27/96  Senate: Read third time
• 02/27/96  Senate: Passed Senate (39-Y 0-N 1-A)
• 02/27/96  Senate: VOTE: PASSAGE (39-Y 0-N 1-A)
• 03/10/96  House: Bill text as passed House and Senate (HB1503ER)
• 03/15/96  Senate: Enrolled
• 03/16/96  House: Signed by Speaker
• 03/18/96  Senate: Signed by President
• 04/01/96  Governor: Approved by Governor-Chapter 521 (effective 7/1/96)
• 04/05/96  Governor: Acts of Assembly Chapter text (CHAP0521)