Housing (Data Reporting)

This bill requires the state tax commissioner to publish an annual report on brownfields redevelopment tax credits by June 30th each year. The report will list the names of entities that claimed these credits, along with the specific amounts awarded for site cleanup and property improvements. Additionally, the document will detail the number of construction jobs created, worker wage rates, apprenticeship participation, and the involvement of minority and women-owned businesses. This change aims to increase transparency regarding how these tax incentives are utilized and the resulting economic impacts of brownfields redevelopment projects.