HB 2190

Bill Subjects

Extension Hdoa Important Agricultural Land Qualified Agricultural Cost Tax Credit Income Taxation

Abstract

Clarifies that a taxpayer may claim the important agricultural land qualified agricultural cost tax credit no earlier than the third taxable year after application for first-year certification of the credit. Extends the time that the department of agriculture may certify the important agricultural land qualified agricultural costs tax credit from 12/31/2021 to 12/31/2031.