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Indiana General Assembly
House Bill 1276


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House Bill 1276

ARCHIVE (2007)

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New generation tax credits. Provides that the department of agriculture may certify taxpayers that invest in certain agricultural businesses as investor members. Provides that an investor member is eligible for a tax credit equal to the lesser of: (1) 50% of the investor member's investment; or (2) $15,000. Limits the annual amount of credits available per state fiscal year to $6,000,000.
Current Status:
 In Committee - first House
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