State tax pages

Alabama

Alabama's state incentives include a refundable, transferable 25% historic rehabilitation credit and an entertainment industry rebate program.

Alaska

Alaska's state tax credits apply against corporate income tax and industry taxes such as fisheries, mining and oil and gas taxes, administered by the Alaska Department of Revenue.

Arizona

Arizona offers a small income tax credit for solar devices installed at a resident's home. It is capped per residence, so it matters far less than the federal rules for investors.

Credit for solar energy devices

Arkansas

Arkansas's state incentives include a transferable 20% motion picture credit or rebate, a 25% to 40% historic rehabilitation credit, in-house research credits, a state low-income housing credit and a 30% recycling equipment credit.

California

California taxes personal income at the state level and does not follow several federal depreciation rules, so a federal deduction can look very different on the California return. Its property tax exclusion for newly installed active solar systems ends for new systems at the start of 2027.

Active solar energy system new construction exclusion (property tax) · 3 advisors, 1 sponsor

Colorado

Colorado offers a state income tax credit for donating a conservation easement on Colorado land, and the credit can be transferred (sold) to other taxpayers. The credit percentage steps down for donations starting in 2027.

Conservation easement income tax credit · 3 advisors, 0 sponsors

Connecticut

Connecticut's state incentives include transferable film, digital media, infrastructure and theater credits, a 25% to 30% historic rehabilitation credit that can be sold up to three times, and an R&D credit small businesses can exchange for a 65% refund.

Delaware

Delaware's state incentives include a fully transferable historic preservation credit and a refundable research and development credit.

District of Columbia

The District uses a film rebate fund and business credits reported on the D-20.

Florida

Florida's constitution bars a state tax on the income of resident individuals, so federal strategies matter more than state ones for individuals. Florida does tax corporations, and most of its tax credits, including several that can be transferred, apply against the corporate income tax. Florida also offers property and sales tax relief for solar equipment.

Renewable energy source device property tax treatment; Sales tax exemption for solar energy systems · 4 advisors, 1 sponsor

Georgia

Georgia offers a 20% film credit with a 10% promotional uplift, and several of its credits, including film, historic rehabilitation and land conservation, can be sold to another Georgia taxpayer. Several older credits were repealed effective January 1, 2026.

· 4 advisors, 0 sponsors

Hawaii

Hawaii's state incentives include a refundable film production credit of 22% to 32% and the renewable energy technologies credit of up to 35% for solar.

Idaho

Idaho's main business credits are claimed on State Tax Commission forms.

Illinois

Illinois' largest state incentive for production is its film credit, expanded in 2025 to 35% of qualified Illinois spending, and the credit can be transferred. Its historic rehabilitation credits run through 2028.

Indiana

Indiana offers a research expense credit, a venture capital investment credit administered by the Indiana Economic Development Corporation, and a residential credit for rehabilitating historic homes.

· 1 advisor, 0 sponsors

Iowa

Iowa's state incentives include a transferable historic preservation credit that can be taken as fully refundable, and a refundable research and development credit.

Kansas

Kansas's state incentives include a transferable 25% historic preservation credit, an angel investor credit of up to 50% and the High Performance Incentive Program investment credit, half of which can be transferred.

Kentucky

Kentucky's state incentives include the refundable Kentucky Entertainment Incentive of 30% to 35% and a historic rehabilitation credit of up to 30% for homes and 20% for other properties.

Louisiana

Louisiana's state incentives include a motion picture production credit of 25% base (up to 40%) that can be transferred or sold back to the State at 90% of face value, and a 20% historic rehabilitation credit for downtown and cultural districts.

· 3 advisors, 0 sponsors

Maine

Maine's state incentives include a refundable 25% historic rehabilitation credit (35% for affordable housing), a 40% seed capital credit and a refundable 39% new markets credit.

Maryland

Maryland's state incentives include a refundable film production activity credit of 28% to 30%, a refundable 20% historic revitalization credit, an R&D credit and the refundable Biotechnology Investment Incentive Tax Credit.

Massachusetts

Massachusetts adds a 4% surtax on taxable income above an inflation-adjusted threshold, which makes the timing of large income events, such as a business sale, especially important. It also has a small personal income tax credit for residential solar.

Residential renewable energy income tax credit · 2 advisors, 1 sponsor

Michigan

Michigan's state incentives include an assignable 25% historic tax credit (including owner-occupied homes) and a refundable research and development credit starting in 2025.

Minnesota

Minnesota's state incentives include an assignable 25% film production credit, a refundable 25% angel investment credit and a partly refundable research credit.

Mississippi

Mississippi's state incentives include a 25% historic rehabilitation credit with a rebate option, a 25% blighted property credit, a motion picture cash rebate of 25% to 35%, a 5% manufacturing investment credit and an R&D skills jobs credit.

Missouri

Missouri's state incentives include a historic preservation credit of 25% or 35% that can be sold, the transferable Show-Mo motion media credit, the Missouri Works jobs program and the Neighborhood Assistance Program.

· 1 advisor, 1 sponsor

Montana

Montana's state incentives include a historic buildings preservation credit worth 25% of the federal credit; the MEDIA film credit is closed to productions filming after 2024.

Nebraska

Nebraska's state incentives include a 25% to 30% historic tax credit (partly transferable) and the ImagiNE Nebraska Act job and investment incentives.

Nevada

Nevada has no personal income tax, so its incentives work mainly through a transferable film credit and abatements of sales, property and modified business tax approved by the Governor's Office of Economic Development.

· 1 advisor, 0 sponsors

New Hampshire

New Hampshire credits apply against business profits and enterprise taxes.

· 1 advisor, 0 sponsors

New Jersey

New Jersey runs much of its business incentive system through the New Jersey Economic Development Authority, and several of its credits, including the film, brownfield and Emerge credits, can be sold to other taxpayers at a minimum share of face value.

· 3 advisors, 0 sponsors

New Mexico

New Mexico pairs a film credit of 25% to 40% with job and investment credits, and the Taxation and Revenue Department lets several credits, such as land conservation, sustainable building and affordable housing, be transferred through its online portal.

New York

New York offers a state income tax credit for solar equipment installed at a principal residence in the state, in addition to any federal treatment.

Solar energy system equipment credit · 2 advisors, 1 sponsor

North Carolina

North Carolina excludes most of the value of solar electric equipment from property tax, which matters for owners of larger systems.

Solar energy electric system property tax exclusion

North Dakota

North Dakota offers investor and research credits administered by the Office of State Tax Commissioner.

Ohio

Ohio taxes nonbusiness income at a flat rate starting in 2026 and taxes business income separately, after a deduction for the first $250,000.

· 1 advisor, 0 sponsors

Oklahoma

Oklahoma's state incentives include a 20% to 30% film cash rebate, the Quality Jobs cash incentive of up to 5% of new payroll, and the investment/new jobs tax credit.

Oregon

Oregon's state incentives include the Oregon Production Investment Fund cash rebate and an annual auction where any Oregon taxpayer can buy film tax credits at a discount.

Pennsylvania

Pennsylvania's state incentives include a 25% to 30% film production credit that can be sold, a historic preservation credit up to 25% (30% for workforce housing), a sellable R&D credit and the Keystone Innovation Zone credit.

Rhode Island

Rhode Island's state incentives include a 30% motion picture production credit and a 20% to 25% historic structures credit.

South Carolina

South Carolina has one of the few state income tax credits for solar energy systems a taxpayer owns, worth 25% of installed cost with an annual cap.

Solar energy system credit · 0 advisors, 1 sponsor

South Dakota

South Dakota's incentives run through the Governor's Office of Economic Development, including reinvestment payments for large projects, jobs grants, an E15 fuel tax refund and county property tax abatements on new structures.

Tennessee

Tennessee's state incentives include a 25% film and TV cash grant for productions spending $500,000 or more and a qualified production credit against franchise and excise tax.

Texas

Texas has no personal income tax, so federal strategies matter most for Texans, and state-level savings usually come through property tax. Texas exempts the added value of qualifying on-site solar and wind devices from property tax.

Solar and wind-powered energy device property tax exemption · 3 advisors, 2 sponsors

Utah

Utah's state incentives include a fully refundable 20% to 25% motion picture credit or cash rebate and a 20% historic preservation credit for residential buildings.

Vermont

Vermont's state incentives include Downtown and Village Center credits: 10% historic rehabilitation, 25% facade, 50% code improvement and 50% flood mitigation.

Virginia

Virginia's Land Preservation Tax Credit rewards donations of land or conservation easements with a state income tax credit that can be transferred to other taxpayers, subject to an annual per-taxpayer claim limit.

Land Preservation Tax Credit

Washington

Washington has no income tax; its state incentives are mostly B&O tax credits, including the Motion Picture Competitiveness Program contributors credit, the Main Street credit and a clean alternative fuel commercial vehicle credit.

West Virginia

West Virginia's state incentives include a transferable film production credit of 27% to 31% and a transferable 25% historic rehabilitation credit.

Wisconsin

Wisconsin's state incentives include a transferable 20% historic credit, refundable business development and enterprise zone credits, research credits and a transferable early stage seed investment credit.

Wyoming

Wyoming's incentives here are sales and use tax exemptions written into state statute, such as the manufacturing machinery exemption and the data center exemption.