Allowing a credit against the State income tax for certain qualified capital expenses for use in value-added processing conducted in the State; requiring the Department of Commerce to administer the tax credit; prohibiting a certain business entity from claiming, for the same qualified capital expenses, the credit under the Act and a certain credit against the State income tax for certain expenditures at certain wineries and certain vineyards; etc.
Bill File Type: Regular
Effective Date(s): July 1, 2020
( 10-735, 10-735.1 )
Last Updated: 9/22/2020 3:29 PM