HB7175 — AN ACT ESTABLISHING A FARM INVESTMENT TAX CREDIT AND INCREASING THE FARM MACHINERY PROPERTY TAX EXEMPTION AMOUNT.

HB7175 — AN ACT ESTABLISHING A FARM INVESTMENT TAX CREDIT AND INCREASING THE FARM MACHINERY PROPERTY TAX EXEMPTION AMOUNT. · Informed CitizenryThis bill establishes a refundable farm investment tax credit effective for income and taxable years commencing on or after January 1, 2026. An eligible farmer is defined as a taxpayer whose federa…Open in Informed Citizenry