Public infrastructure investments should be transparent and clearly benefit the broader community, not primarily subsidize private development
HB1646
House · 2026 sessionRepublicanInterim studyTax credit for off-site infrastructure
AICreates an off-site infrastructure improvement tax credit for the value of qualified improvements constructed or funded by business organizations that directly benefit the public.
creating an off-site infrastructure improvement tax credit for the value of qualified off-site infrastructure improvements constructed or funded by business organizations that directly benefit the public.
Status
Referred to interim study (House) · February 19, 2026- ✓Introduced
- ✕House
- Senate
- Governor
- Law
Division of testimony
5 submissionsThe phrase "...directly benefit the public" can easily be interpreted to mean some component of self-serving infrastructure improvement must benefit the public, while the entirety of Business Profits Tax Credit is received. This bill is likely to be substantially self-serving to the acting business. Bad deal for municipality as written.
Position recorded without written comment.
Position recorded without written comment.
Position recorded without written comment.