Historic Revitalization Tax Credit - Alterations
Altering the definition of "qualified rehabilitation expenditure", for purposes of the Historic Revitalization Tax Credit, to repeal the exclusion of expenditures for a certain rehabilitation that is otherwise funded, financed, or reimbursed by certain State or local expenditures; altering the definition of "substantial rehabilitation" to extend the period during which certain expenditures must occur; expanding certain competitive award criteria for commercial projects; etc.
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