Committee approves tax credit bill for wind-resistance home retrofits, with administration and certification changes

Feb 1, 2025

The Senate Committee on Commerce and Consumer Protection on Jan. 31 passed SB 697 with amendments to establish a nonrefundable income-tax credit for expenses to retrofit residences with wind-resistive devices. The committee adopted changes requested by the Department of Taxation and added administrative funding to the Department of Commerce and

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The Senate Committee on Commerce and Consumer Protection on Jan. 31 voted to pass SB 697, a bill that would create a nonrefundable individual income tax credit for expenses paid to retrofit residences with wind-resistant devices, subject to amendments the committee adopted.

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