Passed One ChamberFiled Feb 4, 2026
Sponsor: Teresa Martinez (R)
Latest Action
DP
Mar 31, 2026
Summary
The bill lets businesses that invest in new or expanded facilities apply for a state income‑tax credit. Eligibility depends on capital spending, wage levels, and health‑insurance contributions for new full‑time jobs. Credits are limited to a set dollar amount each year and must be claimed over five years.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
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