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1998 SESSION

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HB 544 Historic rehabilitation tax credit.

Introduced by: Anne G. Rhodes | all patrons    ...    notes | add to my profiles

SUMMARY:

Historic rehabilitation tax credit. Defines a material rehabilitation, for purposes of determining eligibility for the historic rehabilitation tax credit, as improvement or reconstruction that costs at least 50 percent of the building's assessed value for the year prior to the initial expenditure of rehabilitation expenses.


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