AN ACT RELATING TO TAXATION -- HISTORIC PRESERVATION TAX CREDITS 2013
04/29/2026 Committee recommended measure be held for further study
Summary
The bill offers a tax credit of either 20% or 30% of qualified rehabilitation costs for owners who restore historic structures that are listed on state or national registers. It applies to individuals, businesses, trusts, estates, LLCs and corporations, but specifically excludes social clubs. The credit is intended to spur investment in preserving Rhode Island’s historic properties.
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