Alabama HTC Sunset Date Extended Through End of 2027

Wednesday, May 26, 2021 - 2:45pm

Legislation extending the Alabama state historic tax credit (HTC) through Dec. 31, 2027, is now law. H.B. 281 extends the sunset date of the state HTC five years from its previous sunset at the end of 2022 and sets a $200 million cap for state HTCs reserved from May 25, 2017, through the end of 2027.

The Novogradac Historic Rehabilitation Handbook provides an overview of the HTC and includes how it interacts with state HTCs.