2023 Session

Budget Amendments - SB800 (Member Request)

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Chief Patron: Surovell
Historic Rehabilitation Tax Credit Cap Per Taxpayer (SB 1066) (language only)

Item 0 #18s

Item 0 #18s



Page 1, line 39, strike "$26,901,248,506" and insert "$26,886,248,506".


(This amendment accompanies Senate Bill 1066, a bill increasing the maximum amount of the historic rehabilitation tax credit that may be claimed by a taxpayer in any taxable year from $5.0 million to $10.0 million, beginning in taxable year 2023. This amendment assumes a general fund revenue reduction of $15.0 million in the second year. The actual revenue impact is to be determined.)