2009 House Bill 4823

Authorize agribusiness tax breaks

Introduced in the House

April 22, 2009

Introduced by Rep. John Proos (R-79)

To give the Department of Agriculture the power to grant an aggregate $1 million in annual income tax breaks to agribusiness owners it selects, in the form of tax credits equivalent to 15 percent of the expenses incurred to acquire equipment than reduces air emissions, reduces water use or increases energy efficiency (“eco-friendly”).

Referred to the Committee on Tax Policy