2009 Senate Bill 90

Extend historic preservation tax break “carryforwards”

Introduced in the Senate

Jan. 27, 2009

Introduced by Sen. Nancy Cassis (R-15)

To make a technical clarification of the tax ramifications when rehabilitated property for which a historic rehabilitation credit was granted is sold within five years after the credit was claimed.

Referred to the Committee on Finance

Feb. 3, 2009

Referred to the Committee of the Whole

With the recommendation that the substitute (S-1) be adopted and that the bill then pass.

Feb. 4, 2009

Substitute offered

The substitute passed by voice vote

Feb. 5, 2009

Passed in the Senate 36 to 0 (details)

Received in the House

Feb. 5, 2009

Referred to the Committee on Tax Policy