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SB 82 - For all tax years beginning on or after January 1, 2022, this act authorizes a tax credit in an amount equal to fifty percent of a taxpayer's expenses incurred in the construction or development of an urban farm located in a food desert, as such terms are defined in the act. The tax credit shall not exceed $1,000 for any single urban farm and shall not be transferable or refundable, but may be carried forward for three years. The total amount of tax credits authorized under this act shall not exceed $100,000 in any calendar year. This act shall sunset after six years unless reauthorized by the General Assembly. This act is identical to HB 1586 (2020). JOSH NORBERG
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