Rhode Island Governor Daniel McKee (D) recently signed H.B. 6016, which extends the sunset date of the state historic tax credit (HTC) to June 30, 2024 or until the maximum aggregate credits is exhausted. The Rhode Island HTC is for 20 percent of qualified rehabilitation expenditures (QREs) for commercial property owners, condominiums and nonprofits, with a five percent bonus if 25 percent of total rental space (or the entire first floor) is used in trade or business. The Rhode Island HTC was extended 18 months in mid-2021, then an additional six months in late 2022.