HB 837: Tax Credits for Investment in Rural Communities
GENERAL BILL by Tuck
Tax Credits for Investment in Rural Communities; Requires Department of Commerce to accept applications seeking approval as rural fund; specifies application criteria; requires rural fund to collect contributions & investments requires growth fund to send documentation of contributions & investments to department; requires department to provide tax credit certificate against state tax liability; provides restrictions on credit; provides requirements regarding tax certificates; provides mechanism to exit program; requires rural fund to submit report to department annually.
Effective Date: 7/1/2025
Last Action: 3/4/2025 House - 1st Reading (Original Filed Version)
Bill Text: PDF
Last Action: 3/4/2025 House - 1st Reading (Original Filed Version)
Bill Text: PDF
Bill History
| Date | Chamber | Action |
|---|---|---|
| 2/20/2025 | House |
• Filed |
| 3/2/2025 | House |
• Referred to Housing, Agriculture & Tourism Subcommittee • Referred to Ways & Means Committee • Referred to Transportation & Economic Development Budget Subcommittee • Referred to Commerce Committee • Now in Housing, Agriculture & Tourism Subcommittee |
| 3/4/2025 | House |
• 1st Reading (Original Filed Version) |
