SB 14 – Extends the sunset on the Wood Energy Tax Credit

• Sponsor: Brown
• LR Number: 5943S.01I
• Committee: Appropriations
• Last Action: 9/19/2022 - Hearing Conducted S Appropriations Committee
• Effective Date: 90 days after adjournment

Current Bill Summary

SB 14 - A tax credit for the production of certain wood-energy processed wood products expired on June 30, 2020. This act extends the tax credit until June 30, 2032.

This act is substantially similar to SB 677 (2022), HB 1862 (2022), SB 127 (2021), HB 393 (2021), SB 674 (2020), and HB 2274 (2020), and to a provision in CCS/SS/SCS/HCS/HB 1720 (2022), SB 644 (2022), SB 986 (2022), SS/SCS/SB 354 (2021), HCS/HB 601 (2021), HCS/HB 693 (2021), SS/SCS/HB 948 (2021), HCS/SS/SCS/SB 570 (2020), HCS/SCS/SB 616 (2020), HCS/SS#2/SB 704 (2020), and SB 454 (2019).

JOSH NORBERG

Amendments

No Amendments Found.