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Committee advances bill letting select Atlanta projects claim historic tax credits earlier
Summary
The committee unanimously advanced HB 360, allowing certain Downtown Atlanta projects already in the historic tax credit queue to claim credits earlier if they obtain certificates of occupancy by 2026; sponsor said the bill does not raise the program cap.
The Senate Economic Development Committee voted unanimously to give House Bill 360 a favorable report, a measure intended to let projects in the historic rehabilitation tax credit queue in downtown Atlanta claim credits sooner if they meet a 2026 certificate-of-occupancy deadline.
The bill’s sponsor told the committee the measure would…
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