HB 2137
Creates income tax credit for operation costs of housing for agricultural workers.
| Status | In House Committee (HREV) |
| Session | 2019 Regular Session |
| Requested by | (at the request of House Interim Committee on Revenue) |
| Fiscal impact | Fiscal impact issued |
| Revenue impact | Revenue impact issued |
Bill Text
Creates an income tax credit for operation costs of housing for agricultural workers, with provisions for transferability and a sunset date of January 1, 2026.
Overview#
Creates income tax credit for operation costs of housing for agricultural workers. Provides for refundability of credit and for transferability of credit earned by tax-exempt entity. Imposes limitation on total credits allowed to all owners of housing per tax year. Applies to tax years beginning on or after January 1, 2020, and before January 1, 2026. Extends sunset for tax credits for owner or operator of agriculture workforce housing. Takes effect on 91st day following adjournment sine die.
Legislative History
| Date | Chamber | Action |
|---|---|---|
| 2019-01-14 | H | First reading. Referred to Speaker's desk. |
| 2019-01-15 | H | Referred to Agriculture and Land Use with subsequent referral to Revenue. |
| 2019-02-28 | H | Public Hearing held. |
| 2019-03-21 | H | Work Session held. |
| 2019-03-27 | H | Recommendation: Do pass with amendments, be printed A-Engrossed, and be referred to Revenue by prior reference. |
| 2019-03-27 | H | Referred to Revenue by prior reference. |
| 2019-05-09 | H | Public Hearing held. |
| 2019-06-30 | H | In committee upon adjournment. |