HB 1920: LOW-INCOME HOUSING TAX CREDIT; EXTENSION; PARTNERS; LIMITED LIABILITY COMPANIES
- Session Year: 2025-2026
- House: House
Current Status:
In Progress
(2026-02-06: Bill scheduled to be heard by HSG on Wednesday, 02-11-26 9:00AM in House conference room 430 VIA VIDEOCONFERENCE.)
Introduced
First Committee Review
First Chamber
Second Committee Review
Second Chamber
Final Decking
Enacted
Version:
Clarifies that a partner or member that is a partnership or limited liability company that has been allocated a low-income housing tax credit may either further allocate the credit or transfer, sell, or assign all or a portion of the credit to any taxpayer. Extends the sunset date of Act 129, SLH 2016, relating to the low-income housing tax credit, until 12/31/2032.