Bill Title: New markets healthy food access investment credit. Establishes a new markets healthy food access investment credit against state tax liability for investments made by a taxpayer in a qualified community development entity that then uses the proceeds of the investment exclusively to make investments in qualified active low income community businesses for projects that increase the availability of and capacity to supply fresh and nutritious food in a low income area. Specifies that the tax credit is equal to an applicable percentage multiplied by the purchase price of the qualified investment. Requires a qualified community development entity to pay a

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2018-01-16 - First reading: referred to Committee on Ways and Means [HB1411 Detail]

Text: Latest bill text (Introduced) [PDF]

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