SB 0335 Authorizes Tax Credits For Renovations of Historic Structures in Historic Districts
Sponsor:Kinder
LR Number:S1196.01I Fiscal Note:1196-01
Committee:Ways and Means
Last Action:02/18/97 - Hearing Scheduled But Not Heard S Ways & Means Committee Journal page:
Title:
Effective Date:January 1, 1998
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Current Bill Summary

SB 335 - A person who rehabilitates a historic building in a historic district is eligible for a tax credit equal to twenty- five percent of the cost if the cost exceeds fifty percent of the taxpayer's basis in the property (investment less depreciation, as determined under IRS rules) and the rehabilitation meets the standards of the State Historic Preservation Officer. The credit may be carried back for three years or forward for ten years.
RUSS HEMBREE

SA 1 - EMPLOYER HAS RIGHT TO SELECT HEALTH CARE PROVIDERS IN WORKERS COMPENSATION CLAIM PROCEEDINGS. SA 3 - CHANGES WORD "PANEL" TO "ORGANIZATION" IN 376.1387. SA 4 - IF ADVERSE DETERMINATION GRIEVANCE IS NOT SOLVED BY DIRECTOR THEN IT SHALL BE RESOLVED BY INDEPENDENT REVIEW ORGANIZATION. SA 5 - ADVERSE DETERMINATION MUST BE REGARDING A COVERED SERVICE. SA 6 - PART 4 - PEER REVIEW COMMITTEE MAY BE APPOINTED BY BOARD OF DIRECTORS, CHIEF EXECUTIVE OFFICER OR MEDICAL DIRECTOR OF THE LICENSED HEALTH MAINTENANCE ORGANIZATION. SA 7 - FORMS FILED WITH DIRECTOR OF INSURANCE DO NOT HAVE TO CONTAIN ANY INFORMATION ON COMPENSATION TERMS, RATES OR OTHER PAYMENTS. SA 1/SA 6 - PART 5 - DELETES LANGUAGE ALLOWING A PERSON WHOM THE DIRECTOR HAS TAKEN AN ACTION FROM MAKING A STATEMENT BEFORE THE COMMITTEE HEARING THE DIRECTOR'S REPORT ON STATUS OF ACTIONS.