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Page 7 N c <br /> 1 upgrade, conversion, or connection income tax credit that shall <br /> 2 be deductible from the taxpayer' s net income tax liability, if <br /> 3 any, imposed by this chapter for the taxable year in which the <br /> 4 credit is properly claimed. <br /> 5 (b) In the case of a partnership, S corporation, estate, <br /> 6 or trust, the tax credit allowable is for qualified expenses <br /> 7 incurred by the entity for the taxable year. The expenses upon <br /> 8 which the tax credit is computed shall be determined at the <br /> 9 entity level. Distribution and share of credit shall be <br /> 10 determined by rule. <br /> 11 (c) The cesspool upgrade, conversion, or connection income <br /> 12 tax credit shall be equal to the qualified expenses of the <br /> 13 taxpayer, up to a maximum of $10, 000; provided that, in the case <br /> 14 of a qualified cesspool that is a residential large capacity <br /> 15 cesspool, the amount of the credit shall be equal to the <br /> 16 qualified expenses of the taxpayer, up to a maximum of $10, 000 <br /> 17 per residential dwelling connected to the cesspool, as certified <br /> 18 by the department of health pursuant to subsection (e) . There <br /> 19 shall be allowed a maximum of one cesspool upgrade, conversion, <br /> 20 or connection income tax credit per qualified cesspool . The <br /> 21 cesspool upgrade, conversion, or connection income tax credit <br />