Bill
S 23
Bill S 23 expands tax credits for farmers to cover costs of building housing for seasonal workers, improving living conditions and helping address labor shortages.
Bill Number: S 23
Title: Expands a certain tax credit for farmers to include the cost of construction of housing for farm workers
Status: Referred to Budget and Revenue
Introduced: January 08, 2025
Classification: Bill
Bill S 23 aims to support farmers by expanding an existing tax credit to include expenses related to the construction of housing for farm workers. This initiative is designed to alleviate some of the financial burdens faced by farmers, particularly in light of labor shortages and the need for adequate housing for seasonal and migrant workers.
Expansion of Tax Credit: The bill modifies the current tax credit framework to allow farmers to claim deductions for costs associated with building housing specifically for their farm workers.
Eligibility Criteria: The bill outlines specific criteria that must be met for the housing to qualify for the tax credit, although these details are not fully specified in the current version.
Cost Coverage: The legislation will cover various construction-related expenses, which may include materials, labor, and other associated costs necessary for creating livable housing conditions.
Farmers: The primary beneficiaries of this bill will be farmers who employ seasonal or migrant workers. By expanding the tax credit, the bill aims to encourage more farmers to invest in housing, thereby improving living conditions for their workforce.
Farm Workers: Improved housing conditions are expected to enhance the quality of life for farm workers, potentially leading to better job satisfaction and retention.
Agricultural Sector: The bill may positively impact the agricultural sector by addressing labor shortages and ensuring that farmers can attract and retain necessary labor through improved living conditions.
Legislative Action: As of January 8, 2025, Bill S 23 has been referred to the Budget and Revenue committee for further consideration. This step is crucial for evaluating the financial implications of the proposed tax credit expansion.
Related Legislation: This bill is related to prior-session Bill S 8804 and has a companion bill, A 297, which may provide additional context or support for the proposed changes.
Bill S 23 represents a significant effort to enhance the agricultural workforce's living conditions by expanding tax credits for housing construction. As it progresses through the legislative process, its potential impacts on farmers and farm workers will be closely monitored.
Compiled from official sources — confirm details with the bill’s official record.
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