This bill amends Section 44-33.6-11 of the General Laws to extend the authorization of historic preservation tax credits. The current law allows for the reservation of credits until June 30, 2023. The bill changes this date to June 30, 2024. The bill also states that credits will no longer be authorized once the maximum aggregate credits have been exhausted. The bill will take effect upon passage.

Statutes affected:
6016: 44-33.6-11