Bill Detail: HB24-1116

Title	Extend Contaminated Land Income Tax Credit
Status	Senate Third Reading Passed - No Amendments (05/06/2024)
Bill Subjects	Fiscal Policy & Taxes
House Sponsors	S. Bird (D) M. Bradfield (R)
Senate Sponsors	K. Mullica (D) B. Kirkmeyer (R)
House Committee	Finance
Senate Committee	Finance
Date Introduced	01/26/2024
Summary	Under current law, on or after January 1, 2014, but prior to January 2025, a taxpayer is allowed a credit against state income tax for an approved environmental remediation of contaminated property. The bill extends the availability of the income tax credit an additional 10 years, through income tax years commencing prior to January 1, 2035.
Committee Reports with Amendments	May 04, 2024: Senate Appropriations Committee Report April 30, 2024: Senate Finance Committee Report April 25, 2024: House Appropriations Committee Report February 15, 2024: House Finance Committee Report
Full Text	Full Text of Bill (pdf) (most recent)
Fiscal Notes	Fiscal Notes (04/30/2024) (most recent)
Additional Bill Documents	Bill Documents Including: Past bill versions Past fiscal notes Committee activity and documents Bill History
Lobbyists	Lobbyists
Audio
Votes	House and Senate Votes
Vote Totals	Vote Totals by Party