LD 201 LR 780(02)
An Act To Reduce Greenhouse Gas Emissions and Promote Weatherization in the Buildings Sector by Extending the Sunset Date for the Historic Property Rehabilitation Tax Credit
Fiscal Note for Bill as Amended by Committee Amendment " "
Committee: Taxation
Fiscal Note Required: Yes
Fiscal Note
Future biennium revenue decrease - General Fund
Future biennium revenue decrease - Local Government Fund
Fiscal Detail and Notes
This bill extends the historic property rehabilitation tax credit an additional 5 years.  There would be no revenue reduction from this extension until fiscal year 2026-27.  The extension would be fully implemented in fiscal year 2029-30, when it is estimated that General Fund revenue would be reduced by $9,500,000 and Local Government Fund revenue by $500,000.