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2024 SESSION

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HB 152 Land preservation tax credit; increases threshold credit amount.

Introduced by: Marcus B. Simon | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Land preservation tax credit. Increases from $1 million to $1.5 million the threshold credit amount that triggers verification by the Department of Conservation and Recreation of the conservation value of a land donation. The bill exempts certain state agencies from the verification requirement unless the value of the credit claimed is greater than $2 million.


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