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Chenault introduces ammonia tax credit bill
2015-02-15 07:56:42| Chemicals - Topix.net
On Monday, House Speaker Mike Chenault, R-Nikiski, introduced a bill to the state House of Representatives that would create a tax credit for ammonia producers. According to its text, House Bill 100 would entitle "a taxpayer that owns an in-state processing facility whose primary function is the manufacture or sale of ammonia or urea" to receive a tax credit equal to the royalty paid by that manufacturer's gas suppliers on their state leases.
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Category:Chemicals