Historic Preservation Tax Credits
This bill would allow more flexibility in the use of historic tax credits. It would:
• Expand the annual project cap from $300,000 to $500,000;
• Expand the aggregate cap of the program from $25,000,000 to $50,000,000;
• Allow annual rollover of unused credit balances;
• Expand the use of the earned credit over a maximum of ten years.
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