(a)In this section, “aquaculture oyster float” means a…#
(a) In this section, “aquaculture oyster float” means a device that is:
(1) purchased new;
(2) specifically designed for the purpose of growing oysters at or under an individual homeowner’s pier; and
(3) constructed to be fully buoyant and facilitate the growth of oysters for the width of the pier.
(b)Subject to the limitations of this section, an…#
(b) Subject to the limitations of this section, an individual may claim a credit against the State income tax in an amount equal to 100% of the purchase price of aquaculture oyster floats purchased during the taxable year.
(c)(1) For any taxable year, the credit allowed under this…#
(c) (1) For any taxable year, the credit allowed under this section may not exceed the lesser of: