BILL SUMMARY for HB16-1194
SENATE COMMITTEE ON FINANCE
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11:11 AM -- HB16-1194
Senator Sonnenberg, prime-sponsor, presented House Bill 16-1194, which creates an income tax deduction for taxpayers that lease an agricultural asset, defined as land, crops, livestock, livestock facilities, farm equipment, grain storage, or irrigation equipment, to a beginning farmer or rancher satisfying certain qualifications.
The bill was laid over for later action.