HB4636Introduced in the House
NEW MARKETS-CREDITS
Introduced by Jay Hoffman, District 113
What does this bill do?
Plain-English breakdown
Writing a plain-English summary of this bill… this can take a few seconds the first time.
Official description
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.
Where it stands
Rule 19(a) / Re-referred to Rules Committee
March 27, 2026
How did lawmakers vote?
No recorded vote is available for this bill yet.
What do people think?
Citizen Voice
How would you vote on this bill?
An unofficial public opinion poll. It does not affect the bill or the official vote.
One response per device. Location is self-reported and not verified. Results are informal and not a scientific survey.
Bill history
Filed with the Clerk by Rep. Jay Hoffman
First Reading
Referred to Rules Committee
Assigned to Revenue & Finance Committee
To Tax Credit and Incentives Subcommittee
Added Co-Sponsor Rep. Travis Weaver
Rule 19(a) / Re-referred to Rules Committee
Verify the information
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