HB 837: Tax Credits for Investment in Rural Communities

GENERAL BILL by Tuck; (CO-INTRODUCERS) Harris

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.

Current Bill Version Posted: 2/20/2025 03:19 PM

• Related Bills (3)

  Bill Number Subject Filed By Last Action and Location	Relationship Learn more about bill relationships
  S 1322 (c1) by Simon Tax Credits for Investment in Rural Communities Last Action: 5/3/2025 S Indefinitely postponed and withdrawn from consideration	Similar
  S 1324 by Simon Fees/Equity Investment Certified as a Capital Investment Last Action: 3/12/2025 S Withdrawn from further consideration	Compare
  S 7034 by Finance and Tax Taxation Last Action: 5/3/2025 S Indefinitely postponed and withdrawn from consideration	Compare

• Citations - Statute (1)

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  288.062

  Page 3 [pdf]

• Bill History

  S = Senate, H = House

  2/20/2025	H	• Filed
  3/2/2025	H	• Referred to Housing, Agriculture & Tourism Subcommittee • Referred to Ways & Means Committee • Referred to Transportation & Economic Development Budget Subcommittee • Referred to Commerce Committee • Now in Housing, Agriculture & Tourism Subcommittee
  3/4/2025	H	• 1st Reading (Original Filed Version)
  5/3/2025	H	• Indefinitely postponed and withdrawn from consideration