Ohio HB925 allows area agencies on aging to couple certain housing tax credits.
Ohio HB925 amends the Revised Code to allow area agencies on aging to couple certain housing tax credits. The bill specifies provisions for the rehabilitation of historic buildings, including criteria for issuing tax credit certificates, the calculation of annual credit amounts, and the conditions under which tax credits can be claimed. It also outlines the roles of various state officials in the administration and oversight of the tax credit program. The bill includes definitions for key terms such as "historic building," "qualified rehabilitation expenditures," and "rehabilitation period.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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