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Subcommittee approves HB359 with amendment to include hydroponics; cannabis may qualify under changes
Summary
The subcommittee reported HB359 favorably as amended to authorize hydroponics and other soilless/controlled-environment crop production as eligible uses for an optional local urban-agriculture property tax credit; staff said the repeal of acreage requirements could make cannabis licensees eligible.
The Local Revenue Subcommittee of the Ways and Means Committee voted to report HB359, a measure altering an optional local property-tax credit for urban agriculture, favorably as amended.
Stan, committee staff, summarized the bill and the amendment: "The bill is making alterations to the existing optional local property tax credit for…
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