summary
Introduced
01/22/2019
01/22/2019
In Committee
01/22/2019
01/22/2019
Crossed Over
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
191st General Court
Bill Summary
For legislation to provide an income tax credit for expenditures for the design, construction, repair or replacement of failed cesspool or septic systems. Revenue.
AI Summary
This bill proposes to expand the septic system tax credit in Massachusetts. Specifically, it would make the credit refundable, remove the requirement that the septic system be "failed" to qualify for the credit, and increase the maximum amount of the credit from $1,500 per year to $1,500 per year for up to 10 subsequent tax years, for a total maximum of $6,000. These changes are intended to provide more financial assistance to homeowners for the design, construction, repair, or replacement of their septic systems.
Committee Categories
Budget and Finance
Sponsors (3)
Last Action
Accompanied a study order, see H5128 (on 11/19/2020)
Official Document
bill text
bill summary
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bill summary
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bill summary
Document Type | Source Location |
---|---|
State Bill Page | https://malegislature.gov/Bills/191/H2404 |
Bill | https://malegislature.gov/Bills/191/H2404.pdf |
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