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Legislative Year: 2024 Change
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Bill Detail: HB24-1116

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Title Extend Contaminated Land Income Tax Credit
Status House Committee on Finance Refer Unamended to Appropriations (02/15/2024)
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
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
Full Text
Full Text of Bill (pdf) (most recent)
Fiscal Notes Fiscal Notes (02/13/2024) (most recent)  
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