SB 110 - Current law authorizes a tax credit for the construction or rehabilitation of residences located in certain distressed areas. This act provides that no such tax credits shall be authorized for projects that commence on or after August 28, 2021.

This act is substantially similar to SB 1004 (2020) and is similar to a provision contained in HB 1518 (2020).

JOSH NORBERG

Statutes affected:
Introduced (0478S.01): 135.481

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Senate Committee Minutes:
SENATE COMMITTEE MINUTES Bill No.: SB 110
Sponsor: Cierpiot
Hearing Date: 3/2/2021


COMMITTEE: Economic Development

CHAIRMAN: Hoskins

DATE REFERRED: 1/21/2021 DATE HEARING REQUESTED: 1/25/2021



STAFF:
Rachel Bauer
Josh Norberg
Kelley Rogers
Chris Sutherland


WITNESSES GIVING INFORMATION:



WITNESSES FOR:



WITNESSES AGAINST:
Arnie C. AC "Honest-Abe" DIENOFF - State Public Advocate