- Summary
- Actions
- Committee Votes
- Floor Votes
- Memo
- Text
- LFIN
- Chamber Video/Transcript
S02642 Summary:
| BILL NO | S02642B |
| SAME AS | SAME AS A04415-B |
| SPONSOR | RANZENHOFER |
| COSPNSR | FUNKE, LARKIN, SERINO |
| MLTSPNSR | |
| Amd §§606 & 210-B, Tax L | |
| Establishes a credit against income tax for the rehabilitation of distressed residential properties; allows a credit equal to thirty percent of the qualified rehabilitation expenditures made by the taxpayer with respect to a qualified distressed residential property; requires property that qualifies must be constructed prior to January 1, 1962 in a distressed residential or mixed-use neighborhood. | |