HB 851 - Income tax credit; historic structures rehabilitation; change calculation method
Current Status
05/14/08 - House Date Signed by Governor First Reader Summary
A BILL to be entitled an Act to amend Code Section 48-7-29.8 of the Official Code of Georgia Annotated, relating to income tax credits for the certified rehabilitation of historic structures, so as to change the method of calculation of the tax credit; to remove the cap on the amount of credits; to authorize the transfer or assignment of tax credits under certain circumstances; to provide that proceeds received by the taxpayer for the assignment or sale of tax credits shall be exempt from taxation as income; to provide for an effective date and applicability; to repeal conflicting laws; and for other purposes.
Votes
Electronically Recorded Votes| Date | Time | Vote No | Yeas | Nays | NV | Exc | Description |
|---|
| 02/29/2008 | 10:48AM | House Vote #678 | 152 | 001 | 012 | 015 | PASS |
| 03/31/2008 | 1:40PM | Senate Vote #822 | 049 | 002 | 002 | 003 | PASSAGE BY SUBSTITUTE |
| 04/02/2008 | 7:11PM | House Vote #1014 | 152 | 002 | 016 | 010 | Agree Sen Sub |
Status History
Bill History| Date | Action |
|---|
| 04/17/2007 | House First Readers |
| 04/19/2007 | House Second Readers |
| 02/27/2008 | House Committee Favorably Reported |
| 02/29/2008 | House Third Readers |
| 02/29/2008 | House Passed/Adopted |
| 03/04/2008 | Senate Read and Referred |
| 03/27/2008 | Senate Committee Favorably Reported |
| 03/28/2008 | Senate Read Second Time |
| 03/31/2008 | Senate Third Read |
| 03/31/2008 | Senate Passed/Adopted |
| 04/02/2008 | House Agree Senate Amend or Sub |
| 04/11/2008 | House Sent to Governor |
| 05/14/2008 | House Date Signed by Governor |
| 05/14/2008 | Act 797 |
| 01/01/2009 | Effective Date |
