Section 1829-G. Tax credit certificates.
* * *
(b) Review, recommendation and approval.--
* * *
(3) In awarding tax credit certificates under this part,
the department:
(i) [Beginning with] for fiscal year 2017-2018, may
not award tax credit certificates that would result in
the utilization of more than $1,000,000 in tax credits in
[any] fiscal year 2017-2018, except for tax credits
carried forward;
[(ii) May not award more than $4,000,000 in tax
credit certificates, in the aggregate, under this part.]
(ii) for fiscal year 2018-2019, may not award tax
credit certificates that would result in the utilization
of more than $1,000,000 in tax credits in fiscal year
2018-2019, except for tax credits carried forward;
(iii) for fiscal year 2019-2020, may not award tax
credit certificates that would result in the utilization
of more than $5,000,000 in tax credits in fiscal year
2019-2020, except for tax credits carried forward;
(iv) for fiscal year 2020-2021, may not award tax
credit certificates that would result in the utilization
of more than $10,000,000 in tax credits in fiscal year
2020-2021, except for tax credits carried forward;
(v) for fiscal year 2021-2022 and for each fiscal
year thereafter, may not award tax credit certificates
that would result in the utilization of more than
$15,000,000 in tax credits in fiscal year 2021-2022,
except for tax credits carried forward; and
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