NY A02889 | 2023-2024 | General Assembly
Status
Spectrum: Moderate Partisan Bill (Democrat 20-6)
Status: Introduced on January 31 2023 - 25% progression
Action: 2024-01-03 - referred to ways and means
Pending: Assembly Ways and Means Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 31 2023 - 25% progression
Action: 2024-01-03 - referred to ways and means
Pending: Assembly Ways and Means Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Establishes the large projects historic rehabilitation tax credit and the "white elephant" housing historic rehabilitation projects tax credit program for qualified rehabilitation expenditures totaling fifty million dollars or more with respect to a certified historic structure that has been vacant, as determined by local code enforcement or other reasonable means, for at least ten of fifteen consecutive years preceding the date of the taxpayer's application for the rehabilitation credit.
Title
Establishes the large projects historic rehabilitation tax credit and the "white elephant" housing historic rehabilitation projects tax credit program for qualified rehabilitation expenditures totaling fifty million dollars or more with respect to a certified historic structure that has been vacant, as determined by local code enforcement or other reasonable means, for at least ten of fifteen consecutive years preceding the date of the taxpayer's application for the rehabilitation credit.
Sponsors
Roll Calls
2023-05-22 - Assembly - Assembly Tourism, Arts And Sports Development Committee: Favorable refer to committee Ways and Means (Y: 21 N: 0 NV: 0 Abs: 0) [PASS]
History
Date | Chamber | Action |
---|---|---|
2024-01-03 | Assembly | referred to ways and means |
2023-05-22 | Assembly | reported referred to ways and means |
2023-01-31 | Assembly | referred to tourism, parks, arts and sports development |
Same As/Similar To
S04174 (Same As) 2024-05-06 - RECOMMIT, ENACTING CLAUSE STRICKEN