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• Introduced by Sen. Hansen Clarke (D) on January 27, 2009, to allow a 30-year “carrry forward” period on the portion of a “historic preservation” tax credit that exceeds the recipient’s current year tax liability. “Carryforwards” allow the recipient to “carry forward” the unused portion of the credit to offset future tax year taxes.
  • Referred to the Senate Finance Committee on January 27, 2009.