Revision: Jan. 18, 2024, 9:25 a.m.
Senate Ways and Means
January 17, 2024
2024-0172s
05/08
Amendment to SB 364-FN
Amend the title of the bill by replacing it with the following:
AN ACT relative to establishing a historic housing preservation tax credit.
Amend RSA 204-C:94, III and IV as inserted by section 1 of the bill by replacing them with the following:
III. An investment tax credit equal to 65 percent of the contribution made to the authority during the contributor’s tax year shall be allowed against any of the following individually or in combination:
(a) Taxes imposed by RSA 77-A.
(b) Taxes imposed by RSA 77-E.
IV. Credits provided by this section applied against the liabilities imposed by RSA 77-E shall be deemed to be taxes paid for the purpose of RSA 77-A:5, X.
Amend RSA 204-C:94 as inserted by section 1 of the bill by deleting paragraph VII.
Amend the bill by deleting section 4 and renumbering the original section 5 to read as 4.
2024-0172s
AMENDED ANALYSIS
This bill establishes a historic housing preservation tax credit program administered by the housing finance authority.