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New York Bill Would Increase State HTC Transaction Cap for Two Years

Tuesday, March 3, 2020 - 3:15PM

Legislation in the New York state Senate would increase the transaction cap for the state historic tax credit for fiscal years 2020-2021 and 2021-2022. S.B. 7928 would set the cap at $7 million for 2020-2021 and $9 million for 2021-2022. The cap is currently $5 million annually.

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