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• Introduced by Rep. Robert Jones (D) on February 17, 2009, to revise details of the “assignability” of business tax credits granted for the rehabilitation of a “historic resource” (usually a commercial structure). “Assignability” means that the recipient of a business tax credit can sell all or a portion of the credit to another person, who can use it to reduce his own business or income tax.
  • Referred to the House Tax Policy Committee on February 17, 2009.