HB24-1116
Extend Contaminated Land Income Tax Credit
Concerning the extension of the contaminated land state income tax credit.
Session:
2024 Regular Session
Subject:
Bill Summary
Fiscal Policy & Taxes
The act extends for an additional 5 years the availability of the state income tax credit allowed to a taxpayer for an approved environmental remediation of contaminated property, through income tax years commencing prior to January 1, 2030.
APPROVED by Governor June 4, 2024
EFFECTIVE August 7, 2024
(Note: This summary applies to this bill as enacted.)