Plain English Breakdown
The official source text provided contains binary PDF data that could not be read for detailed content; validation relies solely on the Bill Title and Summary Text.
Changes to Tax Credits for Fixing Historic Buildings
This bill changes the rules in Georgia about how long tax credits last and who can use them when people fix up historic buildings.
What This Bill Does
- Revises the expiration date for income tax credits used on historic structure rehabilitation projects.
- Changes the rules that allow these tax credits to be transferred from one person or company to another.
- Provides for reversion and reporting requirements related to these credits.
Who It Names or Affects
- People or businesses in Georgia involved with income tax credits for rehabilitating historic structures
Limits and Unknowns
- The official text excerpt does not list the specific new expiration dates.
- The exact details of the reversion and reporting requirements are not included in the provided summary or title.
- The effective date for when these changes start is listed as blank in the official metadata.