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Bill to Expand Utah HTC to Cover Commercial Properties Fails in Legislature

Wednesday, March 8, 2023 - 11:45AM

Utah legislation that would have expanded the state historic tax credit (HTC) to cover commercial properties has failed to advance in the state Legislature. H.B. 424 would have allowed the HTC to be applied beyond the current limitation of residential properties and would have allowed the transfer of the state HTC among taxpayers.

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