Personal Income Tax Law: Corporation Tax Law: tax credits: farming.

Legislative status

1. Introduced
2. In Committee
3. Reported by Committee
4. Floor Vote Scheduled
5. Passed One Chamber
6. Passed Both Chambers
7. Sent to Executive
8. Signed into Law

Summary

The bill adds a credit against personal income and corporate taxes for qualifying agricultural businesses that spend on wages, infrastructure, and production. Credit equals 25% of those qualified expenses, can rise to 30% with certain equipment or fire‑risk work, and is capped at $1 million per farm and $250 million statewide each year. It aims to lower costs for large farms while encouraging greener equipment and fire‑resilient practices.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

Hearings

• Revenue and Taxation Committee Hearing
  Revenue and Taxation · Apr 27, 2026
• Revenue and Taxation Committee Hearing
  Revenue and Taxation · Apr 6, 2026
• Revenue And Taxation
  Revenue And Taxation · Apr 6, 2026

History

1. Apr 27, 2026In committee: Set, second hearing. Held under submission.
2. Apr 6, 2026In committee: Set, first hearing. Referred to REV. & TAX. suspense file.
3. Mar 12, 2026Re-referred to Com. on REV. & TAX.
4. Mar 11, 2026From committee chair, with author's amendments: Amend, and re-refer to Com. on REV. & TAX. Read second time and amended.
5. Mar 9, 2026Referred to Com. on REV. & TAX.
6. Feb 21, 2026From printer. May be heard in committee March 23.
7. Feb 20, 2026Read first time. To print.

Sponsors

• Tangipa · sponsor
• Alanis
• Alvarado-Gil
• Castillo
• Choi
• Dahle
• Gallagher
• Grove
• Hadwick
• Macedo
• Ochoa Bogh
• Valladares

Bill text

Opens the legislature’s own copy.

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