IN HB1399 | 2023 | Regular Session
Status
Spectrum: Partisan Bill (Republican 2-0)
Status: Introduced on January 17 2023 - 25% progression, died in committee
Action: 2023-01-17 - First reading: referred to Committee on Ways and Means
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 17 2023 - 25% progression, died in committee
Action: 2023-01-17 - First reading: referred to Committee on Ways and Means
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Historic rehabilitation tax credit. Beginning in taxable year 2024, allows a qualified taxpayer to claim a historic rehabilitation tax credit equal to 25% or 30% of the qualified expenditures incurred in the restoration and preservation of a qualified historic structure, depending on the type of historic structure.
Title
Historic rehabilitation tax credit.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2023-01-17 | House | First reading: referred to Committee on Ways and Means |
| 2023-01-17 | House | Authored by Representative Negele |
| 2023-01-17 | House | Coauthored by Representative Clere |
Subjects
HISTORICAL ORGANIZATIONS; HISTORIC SITES AND PRESERVATION
INCOME TAXES, Credits
PUBLIC WORKS AND IMPROVEMENTS; PUBLIC BUILDINGS; PUBLIC PROPERTY
INCOME TAXES, Credits
PUBLIC WORKS AND IMPROVEMENTS; PUBLIC BUILDINGS; PUBLIC PROPERTY
Indiana State Sources
| Type | Source |
|---|---|
| Summary | https://iga.in.gov/legislative/2023/bills/house/1399/details |
| Text | https://iga.in.gov/legislative/2023/bills/house/1399/#1.INTR |
