Requires an annual report on brownfields redevelopment tax credits.
The bill mandates the annual publication of a brownfields redevelopment tax credit report by the commissioner. This report, due by June 30th, includes details such as the name of each taxpayer claiming a credit, the certificate of completion, the number of construction jobs, wage rates, benefits, registered apprenticeship programs, and MWBE contractors. The report also includes the amount of each credit component earned by each taxpayer. The first report is due by June 30, 2026.
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