Enacts shoreline resiliency infrastructure regulations and provides tax credits for twenty-five percent of the costs of such projects.
The bill enacts shoreline resiliency infrastructure regulations, providing for preventive measures that could be taken to mitigate the impact of future flooding. It also provides tax credits for twenty-five percent of the costs of such projects, with a cap of ten thousand dollars per year. The tax credits are applicable for taxable years beginning on or after January 1, 2026.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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