Glossary

The Precision Agriculture Development Credit is a tax incentive designed to support advancements in farming technology, enhancing precision agriculture practices.

The Workforce Carbon Neutral Training Credit is a tax incentive aimed at encouraging businesses to provide carbon neutrality training for employees. This credit helps promote sustainability and addresses environmental impact in the corporate sector.

Urban Biodiversity Conservation Credit is a tax incentive encouraging urban environmental conservation. It aims to promote sustainable urban biodiversity management.

The Offshore Renewable Energy Workforce Credit is designed to incentivize the development and employment in offshore renewable energy sectors through tax credits.

The EV Mass Transit Expansion Credit is a tax incentive designed to promote the adoption of electric vehicles in public transportation fleets. It offers significant tax reductions for qualifying entities expanding their electric vehicle infrastructure.

The Residential EV Incentive Credit offers taxpayers financial incentives for installing electric vehicle charging stations at their homes, promoting eco-friendly transportation solutions.

The Disaster-Ready Business Training Credit is a tax incentive encouraging businesses to invest in disaster preparedness training, enhancing resilience against emergencies.

The Small Brewery Tax Credit provides financial relief to eligible small breweries by reducing excise taxes. This fosters growth and supports craft brewers in a competitive industry.

The State Renewable Energy Export Credit offers tax incentives for exporting renewable energy out-of-state, encouraging sustainable energy production and consumption.

The Nonprofit Healthcare Facility Expansion Credit is a tax incentive aimed at supporting nonprofit healthcare facilities in their expansion efforts, thereby enhancing healthcare services.