MA H2522

Bill

Relative to the conservation land tax credit

Introduced
01/22/2019

In Committee
01/22/2019

Crossed Over

Passed

Dead
12/31/2020

Introduced Session

191st General Court

Bill Summary

For legislation to increase the limit on tax credits for donations of certified land to public or private conservation agencies. Revenue.

AI Summary

This bill aims to increase the limit on tax credits for donations of certified land to public or private conservation agencies. Specifically, it amends the existing law to allow nonprofit trusts in realty organized for land conservation purposes to qualify for the tax credit, and gradually increases the maximum tax credit amount from $2 million to $5 million over a period of 3 years. The bill also includes a sunset provision, expiring on December 31, 2029.

Committee Categories

Budget and Finance

Sponsors (55)

Jim Arciero (D), Brian Ashe (D), John Barrett (D), Jay Barrows (R), Jennifer Benson (D), Natalie Blais (D), Linda Campbell (D), William Crocker (R), Josh Cutler (D), Marcos Devers (D), Carolyn Dykema (D), Jamie Eldridge (D), Kim Ferguson (R), Dylan Fernandes (D), Mike Finn (D), Paul Frost (R), Denise Garlick (D), Colleen Garry (D), Susan Gifford (R), Jim Hawkins (D), Stephen Hay (D), Jonathan Hecht (D), Natalie Higgins (D), Bradford Hill (R), Kate Hogan (D), Steven Howitt (R), Donald Humason (R), Randy Hunt (R), Brad Jones (R), Hannah Kane (R), James Kelcourse (R), Kay Khan (D), Jack Lewis (D), Joe McKenna (R), Liz Miranda (D), Dave Muradian (R), Matt Muratore (R), Brian Murray (D), Sarah Peake (D), Smitty Pignatelli (D), Elizabeth Poirier (R), Denise Provost (D), Maria Robinson (D), Dave Rogers (D), Danny Ryan (D), Paul Schmid (D), Todd Smola (R), Mike Soter (R), Tom Stanley (D), Bill Straus (D), Bruce Tarr (R), Dave Vieira (R), Tommy Vitolo (D), Timothy Whelan (R), Susannah Whipps (I),

Last Action

Accompanied a new draft, see H4465 (on 02/27/2020)

Official Document

https://malegislature.gov/Bills/191/H2522

(10 Companion Bills)

Version:

Document Type	Source Location
State Bill Page	https://malegislature.gov/Bills/191/H2522
Bill	https://malegislature.gov/Bills/191/H2522.pdf

Bill	Bill Name	Last Action	Type
H2624	Relative to film tax credit transferability	Accompanied a study order, see H5080	Similar To
H2627	Relative to film tax credit transparency	Accompanied a study order, see H5080	Similar To
H2629	Relative to the film tax credit	Accompanied a study order, see H5080	Similar To
H4465	Relative to the conservation land tax credit	Bill reported favorably by committee and referred to the committee on House Ways and Means	Replaced by
S1706	Relative to extending the wellness program tax credit	Accompanied a study order, see H5080	Similar To
S1761	Establishing a cranberry bog renovation tax credit	Accompanied a new draft, see H4467	Similar To
S1767	Increasing the land conservation tax credit	Accompanied a new draft, see H4465	Similar To
S2239	To authorize the conveyance by lease or easement and change of use of conservation land in the town of Groton	New draft substituted, see S2303	Similar To
S2292	Providing for the assignment of a perpetual conservation restriction in the town of Middleborough	Signed by the Governor, Chapter 53 of the Acts of 2019	Similar To
S2303	To authorize the conveyance by lease or easement and change of use of conservation land in the town of Groton	Signed by the Governor, Chapter 99 of the Acts of 2019	Similar To

Bill > H2522

MA H2522

summary

Introduced Session

Bill Summary

AI Summary

Committee Categories

Sponsors (55)

Last Action

Official Document

bill text

bill summary

bill summary

bill summary