AN ACT ESTABLISHING A FARM INVESTMENT TAX CREDIT AND

Bill

BILL • CT HOUSE

HB 7175

AN ACT ESTABLISHING A FARM INVESTMENT TAX CREDIT AND INCREASING THE FARM MACHINERY PROPERTY TAX EXEMPTION AMOUNT.

2025

Introduced by Tim Ackert, Mitch Bolinsky, Mark DeCaprio and 9 other co-sponsors

Creates a farm investment tax credit and expands the farm machinery property tax exemption to lower farmers' costs and spur new capital equipment investments.

FILE NO. 887

#agriculturallands #agriculturalmachinery #corporationbusinesstaxcredits #incometaxpersonalexemptions(state) #municipalities #propertytax #propertytaxassessors #propertytaxexemptions #taxcredits

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AN ACT ESTABLISHING A FARM INVESTMENT TAX CREDIT AND INCREASING THE FARM MACHINERY PROPERTY TAX EXEMPTION AMOUNT.

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AN ACT ESTABLISHING A FARM INVESTMENT TAX CREDIT AND INCREASING THE FARM MACHINERY PROPERTY TAX EXEMPTION AMOUNT.

Start the Conversation

Versions

Bill Text & Amendments

Co-Sponsors (12)

Actions

Roll Call Votes

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