Bill > S287

This bill provides CBT (Corporation Business Tax) and gross income tax credits for certain deliveries of low carbon concrete and for costs of conducting environmental product declaration analyses of low carbon concrete. The bill defines key terms like "low embodied carbon concrete" and "carbon capture, utilization, and storage technology," and outlines the process for concrete producers to qualify for and receive the tax credits. The bill also requires the Department of Environmental Protection to establish baselines, thresholds, and formulas for the tax credits, and mandates a cost-benefit analysis of the program after three years.