summary
Introduced
03/29/2021
03/29/2021
In Committee
04/07/2022
04/07/2022
Crossed Over
Passed
Dead
12/31/2022
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)
Official Document
bill text
bill summary
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bill summary
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bill summary
Document Type | Source Location |
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State Bill Page | https://malegislature.gov/Bills/192/H3002 |
Bill | https://malegislature.gov/Bills/192/H3002.pdf |
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