Bill

Bill > H3002


MA H3002

Establishing an electric agricultural and landscape equipment tax credit


summary

Introduced
03/29/2021
In Committee
04/07/2022
Crossed Over
Passed
Dead
12/31/2022

Introduced Session

192nd General Court

Bill Summary

Relative to establishing an electric agricultural and landscape equipment tax credit. Revenue.

AI Summary

This bill establishes an electric agricultural and landscape equipment tax credit program. Under this program, taxpayers who operate a farm or landscape business can receive a refundable tax credit of up to 25% of the total purchase price of electric-powered agricultural and landscaping equipment. This is intended to incentivize the transition to more environmentally-friendly equipment in the agricultural and landscaping sectors.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

No further action taken (on 01/03/2023)

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