A2889 (2023-24 session)

NY State bill

Establishes the large projects historic rehabilitation tax credit and the "white elephant" housing historic rehabilitation projects tax credit program for qualified rehabilitation expenditures totaling fifty million dollars or more with respect to a certified historic structure that has been vacant, as determined by local code enforcement or other reasonable means, for at least ten of fifteen consecutive years preceding the date of the taxpayer's application for the rehabilitation credit.

Title
Establishes the white elephant housing historic rehabilitation projects tax credit program
Type
New York State Assembly bill
Session
2023-24 session
Status
In Assembly Committee
Latest action date
2024-01-03
In committee
Ways And Means
Introduced
2023-01-31
Law section
Tax Law

Sponsors

Co-sponsors

Heard in committee

Sources