HB509 Alabama 2014 Session
Summary
- Primary Sponsor
-
Paul DeMarcoRepublican - Session
- Regular Session 2014
- Title
- Historic structures, Historical Commission, approval of tax credits for restoration further provided for, transfer of credits, amount of total credits, Act 2013-241, 2013 Reg. Sess, am'd.; Secs. 40-9F-3, 40-9F-4, 40-9F-5 am'd.
- Description
Under existing law, a tax credit is provided against the tax liability of the taxpayer for the rehabilitation, preservation, and development of historic structures.
This bill would clarify that tax credits are awarded on a calendar year basis and to clarify the ability to change the ownership of the applicant.
This bill would also allow the tax credits to be transferred.
- Subjects
- Taxation
Bill Actions
Forwarded to Executive Department
Assigned Act No. 2014-452.
Clerk of the House Certification
Signature Requested
Enrolled
Concurred in Second House Amendment
DeMarco motion to Concur In and Adopt adopted Roll Call 1120
Concurrence Requested
Motion to Read a Third Time and Pass adopted Roll Call 1169
Pittman motion to Adopt adopted Roll Call 1168
Pittman Amendment Offered
Third Reading Passed
Read for the second time and placed on the calendar
Read for the first time and referred to the Senate committee on Finance and Taxation Education
Engrossed
Motion to Read a Third Time and Pass adopted Roll Call 878
Motion to Adopt adopted Roll Call 877
DeMarco first Substitute Offered
Third Reading Passed
Read for the second time and placed on the calendar
Read for the first time and referred to the House of Representatives committee on Ways and Means Education
Bill Text
Votes
Motion to Adopt
DeMarco motion to Concur In and Adopt
Motion to Read a Third Time and Pass
Pittman motion to Adopt
Documents
Source: Alabama Legislature