2021 -- S 0360 | |
======== | |
LC001954 | |
======== | |
STATE OF RHODE ISLAND | |
IN GENERAL ASSEMBLY | |
JANUARY SESSION, A.D. 2021 | |
____________ | |
A N A C T | |
RELATING TO TAXATION -- HISTORIC PRESERVATION TAX CREDITS 2013 | |
| |
Introduced By: Senators Euer, Cano, Miller, Kallman, Burke, and Goldin | |
Date Introduced: February 25, 2021 | |
Referred To: Senate Finance | |
It is enacted by the General Assembly as follows: | |
1 | SECTION 1. Section 44-33.6-11 of the General Laws in Chapter 44-33.6 entitled "Historic |
2 | Preservation Tax Credits 2013" is hereby repealed. |
3 | 44-33.6-11. Sunset. |
4 | No credits shall be authorized to be reserved pursuant to this chapter on or after June 30, |
5 | 2021, or upon the exhaustion of the maximum aggregate credits, whichever comes first. |
6 | SECTION 2. This act shall take effect upon passage. |
======== | |
LC001954 | |
======== | |
| |
EXPLANATION | |
BY THE LEGISLATIVE COUNCIL | |
OF | |
A N A C T | |
RELATING TO TAXATION -- HISTORIC PRESERVATION TAX CREDITS 2013 | |
*** | |
1 | This act would repeal the sunset provision which ends historic preservation tax credits by |
2 | June 30, 2021 or upon the exhaustion of the maximum aggregate credits, whichever comes first. |
3 | This act would take effect upon passage. |
======== | |
LC001954 | |
======== | |
| LC001954 - Page 2 of 2 |