Permits business entities and nonprofit organizations to adopt certain responsibilities related to stormwater management basins; provides corporation business tax credit for adoption of stormwater management basins in certain watersheds.

This bill allows businesses and non-profits to enter agreements with government agencies to help manage stormwater basins. These agreements can involve building, improving, operating, or funding these basins, with no cost to the government agency. Participating entities may receive public recognition and a tax credit for their efforts in designated "qualified watersheds." The bill also includes provisions to protect stormwater management agencies from liability related to these agreements.

No official summary on file for this bill · generated by Gemini 2.5 Flash from its full text