Bill > HB0144

This bill amends the High Cost Infrastructure Development Tax Credit Act to expand the definition of "high cost infrastructure project" to include underground mine infrastructure projects. It also requires the Office of Energy Development to consider a project as a new project if it began no earlier than the taxable year before the year in which the applicant applies for the tax credit. Additionally, the bill prohibits the State Tax Commission from removing the tax credit from the tax return for taxable years beginning before January 1, 2027.