HB4636 - 104th General Assembly (2025-2026)
NEW MARKETS-CREDITS
Last Action
3/27/2026 - House: Rule 19(a) / Re-referred to Rules Committee
Statutes Amended In Order of Appearance
Synopsis As Introduced
Amends the New Markets Development Program Act. Provides that a credit under the Act may be transferred to an affiliate. Provides that the cap on credits is $37,000,000 for fiscal years beginning on or after July 1, 2029. Makes changes concerning the allocation schedule. Effective immediately.
Actions
| Date | Chamber | Action |
|---|---|---|
| 1/27/2026 | House | Filed with the Clerk by Rep. Jay Hoffman |
| 2/03/2026 | House | First Reading |
| 2/03/2026 | House | Referred to Rules Committee |
| 2/11/2026 | House | Assigned to Revenue & Finance Committee |
| 2/26/2026 | House | To Tax Credit and Incentives Subcommittee |
| 3/19/2026 | House | Added Co-Sponsor Rep. Travis Weaver |
| 3/27/2026 | House | Rule 19(a) / Re-referred to Rules Committee |