2021 House Bill 5389

Authorize “green building” developer subsidies

Introduced in the House

Oct. 13, 2021

Introduced by Rep. Bill Sowerby (D-31)

To authorize a $5,000 state income tax credit for buying or renovating a residential property dubbed a “green residential building.” The credit would not be refundable but could be used against a developer’s or other taxpayer’s liability over the next four years.

Referred to the Committee on Tax Policy