SF1052 - Minnesota: Income tax credit for affordable housing contributions
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Please upgrade your Flash Player Proposed date: Tuesday, February, 20th 2007 Latest Update: Sunday, September, 28th 2008
1E Providing a corporate and individual income tax credit for contributions to qualifying affordable housing, defining qualifying housing and qualifying affordable housing contribution; requiring annual taxpayer application to the commissioner of the housing finance agency for allocation of the tax credits and HFA commissioner notice to the commissioner of revenue relating to the identity of the taxpayer; limiting the credit and the total credit allocation and authorizing carryforward; requiring an HFA commissioner report to the legislature by a certain date on the effectiveness of the credit, specifying certain report content requirements (me) Comment on Bill - Be the first to leave a comment!
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