State Tax Credit Auction Services

The Vendor is required to provide sell up to $500,000,000 in tax credits over the course of no more than six years through competitive auctions, beginning in 2025.
- No more than $100,000,000 in tax credits will be sold annually, and tax credits will be sold for no less than 80 percent of the tax credit amount.
- The funds from the auction, minus administrative and operational costs, will be deposited into the state tax credit subsidy (STCS) Program Fund.
- A valid tax clearance certificate must also be submitted for any parent company, affiliate, subsidiary, or other related entity that will directly benefit from this tax credit.

- Questions/Inquires Deadline: November 06, 2025