Historic Revitalization Tax Credit - Alterations
Sponsor: Cory V. McCray (District 45)Committee: Budget and TaxationSubject: Taxes - IncomeStatus: Hearing 3/11 at 1:00 p.m. (as of Sep 4, 2026)
What this bill does
Official synopsis
Altering the definition of 'qualified rehabilitation expenditure', for purposes of the Historic Revitalization Tax Credit, to repeal the exclusion of expenditures for a certain rehabilitation that is otherwise funded, financed, or reimbursed by certain State or local expenditures; altering the definition of 'substantial rehabilitation' to extend the period during which certain expenditures must occur; expanding certain competitive award criteria for commercial projects; etc.
AI analysis is off. Set ANTHROPIC_API_KEY to enable summaries, pros and cons, and questions.
Analysis reads the bill text, the fiscal note, and the witness list. It is generated by Claude and reviewed by nobody, so check the source documents before you rely on it.
Testimony (7)
MGA witness listFAV 5FavorableFWA 1Favorable with amendmentsINFO 1Information only
| Position | Witness | Organization | Testimony |
|---|---|---|---|
| FAV | Mayhew, Kim | Perry Jacobson, LLC | Oral |
| FAV | Redding, Nicholaslobbyist | Preservation Maryland | Written (PDF) |
| FAV | Renner, John | Preservation Maryland | Written (PDF) |
| FAV | Manekin, Thibault | Seawall | Oral |
| FAV | Senator McCray, Senator McCraylegislator | Individual | Oral |
| FWA | Struever, Bill | Cross Street Partners | Oral |
| INFO | Currier, Maggi | Maryland Department of Planning | Written (PDF) |
Organizations on record
Perry Jacobson, LLCFAV 1
SeawallFAV 1