HI HB602

Removes the pilot program limitation that restricted certification of residential large capacity cesspools to no more than two properties.

Expands the definition of "qualified cesspool" to include cesspools certified by a county or private sewer company as appropriate for connection to existing sewer systems.

Maintains the $5,000,000 annual aggregate cap on certified tax credits, at which point the department of health must discontinue certifying new credits.

Increases the distance threshold for cesspools near shorelines, perennial streams, or wetlands from 200 feet to 500 feet to qualify for the tax credit.

Applies to taxable years beginning after December 31, 2016.