Catalytic Revitalization Project Tax Credit - Alterations
Altering the definition of "catalytic revitalization project" to include a historic property that is a substantially vacant or functionally obsolescent privately owned commercial property; altering eligibility for and the amount of a certain credit against the State income tax for certain construction and rehabilitation costs for certain catalytic revitalization projects; altering certain limitations on the Secretary of Housing and Community Development to accept certain applications and award certain tax credits; etc.
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