Bill Title: Grants and tax credits for historic preservation. Authorizes the office of community and rural affairs (office) to administer a grant program for the preservation of historic properties. Provides that the income tax credit for the preservation of historic properties applies to the preservation or rehabilitation of historic properties that have been vacant for at least one year. Establishes four new methodologies for determining the amount of the tax credit. Provides that a property's adjusted basis is not reduced by the amount of the credit if a person is entitled to a federal low income housing tax credit. Changes numerous spending

Sponsorship: Slight Partisan Bill (Republican 3-1)

Status: (Introduced - Dead) 2015-01-13 - First Reading: referred to Committee on Ways and Means [HB1221 Detail]

Text: Latest bill text (Introduced) [PDF]

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Sponsors

Name	Type	Contact	Phone	District	Sponsorship	State Profile	Financial	Encyclopedia	Biography
Representative Edward Clere [R]	Primary	Webmail	317-232-9979	HD-072	Sponsored Bills	State Profile	FollowTheMoney	Ballotpedia	VoteSmart
Representative Sharon Negele [R]	Cosponsor	Inactive	Inactive	HD-013	Sponsored Bills	Inactive	FollowTheMoney	Ballotpedia	VoteSmart
Representative Edmond Soliday [R]	Cosponsor	Webmail	N/A	HD-004	Sponsored Bills	State Profile	FollowTheMoney	Ballotpedia	VoteSmart
Representative Ryan Dvorak [D]	Cosponsor	Webmail	800-382-9842	HD-008	Sponsored Bills	State Profile	FollowTheMoney	Ballotpedia	VoteSmart