Loading chat...
NY A03194
Bill
Status
Introduced
1/22/2015
Primary Sponsor
Michael Fitzpatrick
Click for details
AI Summary
- Removes the requirement that a qualified historic home must be located within a targeted area residence (as defined by federal tax code section 143(j)) or in a census tract at or below 100 percent of state median family income
- Maintains existing requirements that qualified historic homes must be certified historic structures that are substantially rehabilitated, owned in whole or part by the taxpayer, and where the taxpayer resides during the taxable year the credit is claimed
- Takes effect immediately upon enactment
Legislative Description
Alters the definition of a qualified historic home for the purposes of the historic homeownership rehabilitation credit.
Last Action
held for consideration in ways and means
6/14/2016
Committee Referrals
Ways and Means1/22/2015
Full Bill Text
No bill text available