HISTORIC PRESERVATION INVESTMENT TAX CREDIT
530-1104 INACTIVE RULE EMERGENCY RULE
Title | 530 | Historical Preservation & Heritage Commission |
Chapter | XXX | Old Regulations Which Were Not Assigned Chapter-Subchap-Part |
Subchapter | XX | Old Regulations Which Were Not Assigned Chapter-Subchap-Part |
Part | 1104 | HISTORIC PRESERVATION INVESTMENT TAX CREDIT |
Type of Filing | Amendment |
Regulation Status | Inactive |
Effective | 04/15/2008 to 11/09/2008 |
Regulation Authority:
RIGL 44-33.2-4(f) and 42-35-3(b)
Purpose and Reason:
This emergency amendment implements recently legislated changes to the Historic Preservation Investment Tax Credit by limiting the amount of the credit available and increasing the processing fee for projects currently underway. Emergency action is required as certain elections and payments under the amended statutes are due on or before May 15, 2008.
Brief statement of Reason for Finding Imminent Peril:
Emergency action is required as certain elections and payments under the amended statutes are due on or before May 15, 2008.