Income tax credit; modifying credit amount for qualified employee in aerospace sector. Effective date.

Summary

The bill increases the state income‑tax credit for qualified aerospace workers from $5,000 per year to $10,000 per year beginning in 2027, while keeping the $5,000 credit for years through 2026. Employees can claim the credit for up to five years in their career, in non‑consecutive years, and any unused credit can be carried forward for five years. The amendment takes effect on November 1, 2026.

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

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