1.2relating to taxation; income and franchise; historic preservation and job creation;
1.3extending the sunset on the historic structure rehabilitation tax credit;amending
1.4Minnesota Statutes 2012, section 290.0681, subdivision 10.
1.5BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.6 Section 1. Minnesota Statutes 2012, section 290.0681, subdivision 10, is amended to
1.7read:
1.8 Subd. 10.
Sunset. This section expires after fiscal year
2015 2022, except that
1.9the office's authority to issue credit certificates under subdivision 4 based on allocation
1.10certificates that were issued before fiscal year
2016 2023 remains in effect through
2018
1.11 2025, and the reporting requirements in subdivision 9 remain in effect through the year
1.12following the year in which all allocation certificates have either been canceled or resulted
1.13in issuance of credit certificates, or
2019 2026, whichever is earlier.
1.14EFFECTIVE DATE.This section is effective the day following final enactment.