Introduced House Bill (H)

Authored by

DIGEST

Local income tax housing zone credit. Provides a refundable tax credit against a taxpayer's local option income tax liability for a taxable year if: (1) the taxpayer resides in credit eligible housing during the taxable year; and (2) the date on which the taxpayer's residence is determined for local option income tax purposes occurs within the allowable credit period of the credit eligible housing. Local income tax housing zone credit. Provides a refundable tax credit against a taxpayer's local option income tax liability for a taxable year if: (1) the taxpayer resides in credit eligible housing during the taxable year; and (2) the date on which the taxpayer's residence is determined for local option income tax purposes occurs within the allowable credit period of the credit eligible housing.