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Taxation committee votes 'ought not to pass' on working‑waterfront disaster‑mitigation credit (LD 1694)
Summary
Committee recorded an 'ought not to pass' recommendation on LD 1694, a proposed income‑tax credit for disaster‑mitigation projects on working‑waterfront property; the sponsor requested the committee take that position after stakeholder review.
Chair Nicole Rechowski opened a work session on LD 1694, which would provide an income‑tax credit for certain disaster‑mitigation projects on working‑waterfront property. The sponsor relayed that, after talking with stakeholders, he was asking the committee to recommend 'ought not to pass' rather than advance the bill.
Representative Anne Matlack moved the 'ought not to pass' recommendation and Representative Russ White seconded. The chair asked for any debate; seeing none, Rechowski called for those in favor. Members present indicated unanimous consent and the committee closed the work session on LD 1694 with the motion carried.
No amendments or redrafting instructions were recorded at the session.
