Requires an annual brownfields redevelopment tax credit report

Summary

The bill requires the state tax commissioner to issue a detailed report each year by June 30 on all brownfields redevelopment tax credits claimed the prior calendar year. It must list the taxpayers or entities receiving credits, the credit amounts, project sites, job and wage information, apprenticeship participation, and MWBE contractor involvement. The purpose is to make the credit program more transparent and accountable.

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