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Senate Passes Revised Historic-Preservation Tax Credit After Reconsideration
Utah State Senate · February 18, 1992
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Summary
Senators reduced the proposed historic-preservation tax credit's scope and fiscal exposure, then reconsidered an earlier defeat and approved the amended SB 165 (final recorded passage following roll-call).
Senator Lane Beatty sponsored SB 165, an economic incentive for historic-preservation work, and introduced floor amendments intended to narrow the program to residential historic homes and lower the tax-credit rate. The sponsor said the changes cut the fiscal note from an earlier estimate of roughly $450,000 to an estimated…
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