Vermont § 5930bb - Eligibility and administration

Full text of Vermont Vermont Statutes Online § 5930bb — Eligibility and administration, with citation guidance and answers to common questions.

§ 5930bb. Eligibility and administration

  • (a) Qualified applicants may apply to the State Board to obtain the tax credits provided
    by this subchapter for a qualified project at any time before the completion of the
    qualified project. (b) To qualify for any of the tax credits under this subchapter, expenditures for the
    qualified project must exceed $5,000.00. (c) Application shall be made in accordance with the guidelines set by the State Board. (d) Beginning on July 1, 2025, under this subchapter no new tax credit may be allocated
    by the State Board to a qualified building located in a neighborhood development area
    unless specific funds have been appropriated for that purpose. (Added 2005, No. 183 (Adj. Sess.), § 12; amended 2011, No. 143 (Adj. Sess.), § 22; 2013, No. 199 (Adj. Sess.), § 10; 2017, No. 69, § H.9, eff. June 28, 2017; 2021, No. 182 (Adj. Sess.), § 6, eff. July 1, 2022; 2023, No. 6, § 381, eff. July 1, 2023; 2023, No. 181 (Adj. Sess.), § 70, eff. June 17, 2024.)

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Frequently Asked Questions About Vermont § 5930bb

What does Vermont Statutes Online § 5930bb cover?

Section 5930bb ("Eligibility and administration") is part of the Vermont Statutes Online, the codified statutory law of Vermont. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Vermont § 5930bb?

A common citation format is "Vermont Statutes Online § 5930bb" (Vermont). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Vermont law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Vermont official source linked on this page or consult a licensed Vermont attorney.

How does Vermont § 5930bb apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Vermont can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Vermont.