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HB24-1116

Extend Contaminated Land Income Tax Credit

Concerning the extension of the contaminated land state income tax credit.
Session:
2024 Regular Session
Subject:
Fiscal Policy & Taxes
Bill Summary

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.)

Status

Introduced
Passed
Became Law

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Bill Text