SB257 Alabama 2014 Session

Summary

Primary Sponsor

Tammy Irons

Democrat

Session

Regular Session 2014

Title

Taxation, transfer of tax credit for rehabilitation, income tax credits for rehabilitation of historic structures, Act 2013-241, 2013 Reg. Sess., am'd; Secs. 40-9F-2, 40-9F-3, 40-9F-5 am'd.; Sec. 40-9F-7 repealed

Description

Existing law provides a tax credit against the tax liability of the taxpayer for the rehabilitation, preservation, and development of historic structures.

This bill would provide for the transfer of the tax credit against the tax liability of the taxpayer for the rehabilitation, preservation, and development of historic structures and would delete the expiration date.

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Subjects

Taxation