An act relating to a refundable machinery and equipment investment tax credit

Where it is in the process

Plain-English Summary

This bill would change the corporate income tax credit for investing in machinery and equipment. It would make the credit refundable, meaning businesses could get money back if the credit is more than their tax bill. The bill also extends the deadline for this credit from 2030 to 2034 and removes limits on how much tax liability it can reduce each year.

No official summary on file for this bill · generated by Gemini 2.5 Flash from its full text

Votes

Read full bill text →↓ Why am I seeing this?

Want updates?

Get notified when VT S0312 moves stage

Pick a channel below. Every option is opt-in, and we tell you exactly what we store.

Email

Identified

We store your email address and the bill ID. We'll send a confirmation link first; alerts only start after you click it. Every email has a one-click unsubscribe.

Coming soon

RSS feed· Atom 1.0 + JSON Feed per bill
Bluesky· follow a CivicRadar bot post per status change
Telegram· channel or DM via bot
Discord· channel webhook
WhatsApp· via WhatsApp Business
SMS· via Twilio