SB 1000 – Modifies provisions relating to a tax credit for the acquisition of certain properties

• Sponsor: Hoskins
• LR Number: 3979S.01I
• Committee: Economic Development and Tax Policy
• Last Action: 1/25/2024 - Second Read and Referred S Economic Development and Tax Policy Committee
• Journal Page: S227
• Effective Date: August 28, 2024

Current Bill Summary

SB 1000 - Current law provides for a tax credit for the acquisition costs and interest costs incurred for the acquisition of certain parcels located in distressed areas, with such tax credit expiring on August 28, 2013. This act reauthorizes such tax credit until August 28, 2030.

JOSH NORBERG

Amendments

No Amendments Found.