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House Bill 1276


House Bill 1276

ARCHIVE (2007)

Latest Information

 

DIGEST OF INTRODUCED BILL


New generation tax credits. Provides that the department of agriculture may certify taxpayers that invest in certain agricultural businesses as investor members. Provides that an investor member is eligible for a tax credit equal to the lesser of: (1) 50% of the investor member's investment; or (2) $15,000. Limits the annual amount of credits available per state fiscal year to $6,000,000.
Current Status:
 In Committee - first House
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