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House advances bill expanding tax credits to rehabilitate historic commercial buildings

Utah House of Representatives · February 20, 2001
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Lawmakers uncircled and passed HB 286 to extend existing historic residential rehabilitation tax credits to qualifying commercial buildings at least 50 years old, with an estimated capacity to assist roughly 50 projects per year; the bill passed 71–0 and will go to the Senate.

Representative Bennion opened debate on House Bill 286, describing it as an extension of an existing residential historic rehabilitation credit to commercial historic buildings that meet a minimum age (50 years)…

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