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Subcommittee considers expanding urban-agriculture tax credit to include hydroponics
Summary
Lawmakers discussed changes to an optional local urban-agriculture property tax credit: removing acreage and priority funding-area limits, expanding qualifying activities and circulating a friendly amendment to include hydroponics; fiscal notes show current programs are limited to three jurisdictions.
The Local Revenue Subcommittee reviewed changes to an existing optional property tax credit for urban agricultural property that would remove acreage and priority-funding-area requirements and broaden qualifying agricultural activities.
Stan described the bill as a targeted update to an existing program and noted the fiscal note…
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