Support state bill creating tax credits for historic building renovation

Economic DevelopmentGovernanceResolution

Resolution 44-14

In Plain English

Assembly Bill 1999 would create new state tax credits for developers who renovate historic buildings in California. Richmond has many older buildings that could benefit from these incentives. If the bill passes, property owners could receive tax breaks for preserving historic structures instead of demolishing them.

Auto-generated summary. Source: official agenda documents.

Votes

Approve consent calendar

Passed

6 to 0

BBBMMR

Community Discussion

This discussion was submitted to the City Clerk as part of the public record.

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