PRESERVATION TAX CREDIT

Session: 103rd General Assembly
Year: 2024
Bill #: SB2880
Category: Revenue
Position: No position
Mandate?
Revenue Loss?
Authority Preemption?

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Summary as Introduced

Amends the Historic Preservation Tax Credit Act. Provides that, in calendar years beginning on or after January 1, 2025 and ending on or before December 31, 2028, the State Historic Preservation Office within the Department of Natural Resources may allocate $75,000,000 (currently, $25,000,000) in credits under the Act. Effective immediately.



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