H.B. 1413: Providing Economic Incentives to Animal Waste Recycling Facilities

H.B. 1413, P.N. 1701 (CALTAGIRONE) – This bill would enact the Animal Waste Recycling Act. In doing so, this bill would amend the act of March 4, 1971 (P.L. 6, No 2), known as the Tax Reform Code of 1971.
This bill would create economic incentives to spur development of animal waste recycling facilities. Three types of incentives would be authorized: an investment tax credit of up to 75% of the initial cost of the facility, the creation of a special fund to provide low-interest loans to animal waste recycling facilities, and an exemption from the sales and use tax on electricity sold or consumed by the facility.