Georgia Enacts Extension to Take State HTC
Legislation in Georgia to allow taxpayers to take the state historic tax credit up to two years after placing a certified historic structure or home into service will be effective June 1. H. 224 was signed by Gov. Brian Kemp in early May. The state HTC was previously taken in the year in which the certified rehabilitation was completed. The state HTC is scheduled to expire Dec. 31, 2024.