Relates to creating a tax credit for taxpayers who purchase and install a water filtration or purification system in their residence or business

This bill creates a $500 tax credit for state residents and businesses that purchase and install qualifying water filtration or purification systems in their homes or business locations within the state. The credit applies per residence or business and requires systems to remove impurities using physical barriers, chemical processes, or biological methods installed by a professional. Taxpayers can claim one credit per eligible location for new installations. The credit becomes available for tax years beginning January 1, 2025, and applies to systems installed after that date.