Introduced by Sen. Nancy Cassis (R) on January 27, 2009, to make a technical clarification of the tax ramifications when rehabilitated property for which a historic rehabilitation credit was granted is sold within five years after the credit was claimed.
Referred to the Senate Finance Committee on January 27, 2009.
Reported to the Senate on February 3, 2009, with the recommendation that the substitute (S-1) be adopted and that the bill then pass.
Substitute offered in the Senate on February 4, 2009. The substitute passed by voice vote in the Senate on February 4, 2009.