SB 425 – Indexes the Historic Preservation tax credit cap to inflation

• Sponsor: Sifton
• LR Number: 1926S.01I
• Committee: Economic Development
• Last Action: 2/23/2017 - Second Read and Referred S Economic Development Committee
• Journal Page: S340
• Effective Date: August 28, 2017

Current Bill Summary

SB 425 - For each fiscal year beginning on or after July 1, 2018, this act provides that the annual cap on the amount of historic preservation tax credits that may be authorized shall be adjusted annually for the percentage increase in inflation.

JOSHUA NORBERG