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Legislative Year: 2022 Change
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Bill Detail: HB22-1149

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Title Advanced Industry Investment Tax Credit
Status House Considered Senate Amendments - Result was to Concur - Repass (05/10/2022)
Bill Subjects
  • Fiscal Policy & Taxes
House Sponsors S. Bird (D)
M. Lynch (R)
Senate Sponsors B. Rankin (R)
C. Hansen (D)
House Committee Finance
Senate Committee Finance
Date Introduced 02/04/2022
Summary

The bill extends the advanced industry investment tax credit for an
additional 5 years, increases the annual maximum amount of the tax credit
from $750,000 to $4 million and increases the tax credit from 30% to
35% of a qualified investment in rural or economically distressed areas.

Committee Reports
with Amendments
Full Text
Full Text of Bill (pdf) (most recent)
Fiscal Notes Fiscal Notes (05/05/2022) (most recent)  
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