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2011 SESSION

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HB 1837 Income tax, state; farm wineries and vineyards tax credit.

Introduced by: T. Scott Garrett | all patrons    ...    notes | add to my profiles

SUMMARY AS PASSED HOUSE: (all summaries)

Income tax; farm wineries and vineyards tax credit.  Creates an income tax credit for licensed farm wineries equal to 25 percent of the cost of certain winery equipment and materials for taxable years beginning on and after January 1, 2011.  There is a $250,000 cap on the total amount of credits allowed in a calendar year.


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