HB2099
Livable home; increases allowable tax credit.
Summary
As Introduced. Livable home tax credit.
Increases from $1 million to $2 million, beginning in fiscal year 2024, the aggregate cap of tax credits allowed by the livable home tax credit in a fiscal year. The bill increases from $500,000 to $1 million, beginning in fiscal year 2024, the amount of credits allocated by the Department ... (More) of Housing and Community Development to each of (i) the purchase or construction of new residences and (ii) the retrofitting and renovation of existing residences. The bill also increases from $5,000 to $6,500, beginning in taxable year 2023, the maximum amount of livable home tax credits an individual may claim in a taxable year. (Less)-
Bill History
- 01/10/2023 - House: Prefiled and ordered printed; offered 01/11/23 23102951D
- 01/10/2023 - House: Referred to Committee on Finance
- 01/19/2023 - House: Assigned Finance sub: Subcommittee #1
- 01/22/2023 - House: Impact statement from TAX (HB2099)
- 01/23/2023 - House: Subcommittee recommends reporting (8-Y 0-N)
- 01/23/2023 - House: Subcommittee recommends referring to Committee on Appropriations
- 01/25/2023 - House: Reported from Finance (20-Y 0-N)
- 01/25/2023 - House: Referred to Committee on Appropriations
- 01/26/2023 - House: Assigned App. sub: Commerce Agriculture & Natural Resources
- 02/01/2023 - House: Subcommittee recommends reporting (8-Y 0-N)
- 02/01/2023 - House: Reported from Appropriations (22-Y 0-N)
- 02/03/2023 - House: Read first time
- 02/06/2023 - House: Read second time and engrossed
- 02/07/2023 - House: Read third time and passed House (97-Y 2-N)
- 02/07/2023 - House: VOTE: Passage (97-Y 2-N)
- 02/08/2023 - Senate: Constitutional reading dispensed
- 02/08/2023 - Senate: Referred to Committee on Finance and Appropriations
- 02/14/2023 - Senate: Reported from Finance and Appropriations (15-Y 0-N)
- 02/14/2023 - Senate: Constitutional reading dispensed (40-Y 0-N)
- 02/15/2023 - Senate: Read third time
- 02/15/2023 - Senate: Passed Senate (40-Y 0-N)
- 02/20/2023 - House: Enrolled
- 02/20/2023 - House: Bill text as passed House and Senate (HB2099ER)
- 02/20/2023 - House: Signed by Speaker
- 02/21/2023 - Senate: Signed by President
- 03/02/2023 - House: Enrolled Bill communicated to Governor on March 2, 2023
- 03/02/2023 - Governor: Governor's Action Deadline 11:59 p.m., March 27, 2023
- 03/02/2023 - House: Impact statement from TAX (HB2099ER)
- 03/23/2023 - Governor: Approved by Governor-Chapter 444 (effective 7/1/23)
- 03/23/2023 - Governor: Acts of Assembly Chapter text (CHAP0444)
