Statutes, codes, and regulations
Virginia Administrative Code
Title 13 - HOUSINGAgency 5 - DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENTChapter 112 - ENTERPRISE ZONE GRANT PROGRAM REGULATION
Part III - Procedures for Qualifying for Zone Real Property Investment Tax Credit
Section 13VAC5-112-150 - Qualification in zones whose designation period is ending

13 Va. Admin. Code § 5-112-150

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Current through Register Vol. 41, No. 10, December 30, 2024
Section 13VAC5-112-150 - Qualification in zones whose designation period is ending

Large qualified zone residents located in a zone whose designation period is ending that have a documented negotiation agreement with the department and that have qualified by or before that the zone expiration date may continue receive the tax credits until the negotiated tax credit amount is reached, provided they continue to qualify under 13VAC5-112-110. This incentive period shall not last beyond 2019 as specified in § 59.1-280I of the Code of Virginia.

13 Va. Admin. Code § 5-112-150

Derived from Virginia Register Volume 23, Issue 12, eff. March 21, 2007.

Statutory Authority

§ 59.1-541 of the Code of Virginia.