- District 50
The bill extends the tax years that a taxpayer may elect to receive a refund of 80% of the amount of an enterprise zone investment tax credit for renewable energy investments. Under current law, if a taxpayer elects such a refund, the taxpayer forgoes the remaining 20% of the amount of the enterprise zone investment tax credit. The bill also adds investments in energy storage systems as a qualified renewable energy investment. (Note: This summary applies to this bill as introduced.)
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House Committee on Business Affairs & Labor Refer Unamended to Finance
Introduced In House - Assigned to Business Affairs & Labor + Finance + Appropriations
|Bill Text Versions||Format|
|Fiscal Note FN1 (03/10/2020)|
|Fiscal Note FN2 (10/15/2020)|
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