Bill Summary

HB 837 Tax Credits for Investment in Rural Communities (2025 Session)
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Sponsors
by Tuck
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Summary
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: July 1, 2025
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committees of reference
» H Housing, Agriculture & Tourism Subcommittee
   H Ways & Means Committee
   H Transportation & Economic Development Budget Subcommittee
   H Commerce Committee
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Actions
02/20/25
HOUSE 
Filed
03/02/25
HOUSE 
Referred to Housing, Agriculture & Tourism Subcommittee; Ways & Means Committee; Transportation & Economic Development Budget Subcommittee; Commerce Committee
03/02/25
HOUSE 
Now in Housing, Agriculture & Tourism Subcommittee
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bill text & filed amendments
0837
Filed on 02/20/25
PDF
No amendments to this bill text filed.
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Statute Citations
288.062
Research & Reports
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