This bill increases the maximum workforce housing tax incentives from $35 million to $50 million, and raises the allocation for small cities from.

This bill modifies the workforce housing tax incentive program by increasing the maximum amount of tax incentives from $35 million to $50 million. It also raises the allocation reserved for projects in small cities from $17.5 million to $25 million. The tax incentives apply to individual and corporate income taxes, the franchise tax, the insurance premiums tax, and the moneys and credits tax. The bill affects economic development tax credits and their allocation under the Code section 15.119.

This bill increases the maximum workforce housing tax incentives from $35 million to $50 million, and raises the allocation for small cities from.

This bill modifies the workforce housing tax incentive program by increasing the maximum amount of tax incentives from $35 million to $50 million. It also raises the allocation reserved for projects in small cities from $17.5 million to $25 million. The tax incentives apply to individual and corporate income taxes, the franchise tax, the insurance premiums tax, and the moneys and credits tax. The bill affects economic development tax credits and their allocation under the Code section 15.119.