MA H3075

Bill

Relative to a cranberry bog improvement tax credit

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 a cranberry bog improvement tax credit. Revenue.

AI Summary

This bill establishes a tax credit of up to 25% of qualified renovation expenditures, up to $100,000, for taxpayers primarily engaged in cranberry production to renovate, repair, or restore cranberry bogs. The credit is refundable and can be carried forward for up to 5 years. The Secretary of Energy and Environmental Affairs, in consultation with the Commissioner of Agricultural Resources, is authorized to approve up to $2 million in tax credits annually for this purpose from 2020 to 2024. The Secretary must report annually on the total amount of tax credits claimed and refunded under this provision.

Committee Categories

Budget and Finance

Sponsors (14)

Bill Straus (D)*, Jay Barrows (R), Tony Cabral (D), Josh Cutler (D), Angelo D'Emilia (R), Kip Diggs (D), Susan Gifford (R), Steven Howitt (R), Patrick Kearney (D), Matt Muratore (R), Sarah Peake (D), Paul Schmid (D), Timothy Whelan (R), Steve Xiarhos (R),

Last Action

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

Official Document

https://malegislature.gov/Bills/192/H3075

(9 Companion Bills)

Version:

Document Type	Source Location
State Bill Page	https://malegislature.gov/Bills/192/H3075
Bill	https://malegislature.gov/Bills/192/H3075.pdf

Bill	Bill Name	Last Action	Type
H2842	To remove the film tax credit expiration date	Accompanied a study order, see H5250	Similar To
H2979	Establishing the family caregiver tax credit	Accompanied a study order, see H5352	Similar To
S1842	To support voluntary income tax assistance sites and expand access to the earned income tax credit	Accompanied a new draft, see H4997	Similar To
S1852	Providing a guaranteed minimum income to all Massachusetts families	Accompanied a new draft, see H4997	Similar To
S1912	To make childcare and preschool more affordable for working families	Accompanied S1878	Similar To
S1930	Supporting job growth in the Commonwealth	Accompanied a study order, see H5250	Similar To
S1980	Relative to the Massachusetts Maritime Commercial Development tax credit	Accompanied a study order, see H5248	Similar To
S1983	Relative to the film tax credit	Accompanied a study order, see H5250	Similar To
S788	To establish the family caregiver tax credit	Accompanied a study order, see H5352	Similar To

Bill > H3075

MA H3075

summary

Introduced Session

Bill Summary

AI Summary

Committee Categories

Sponsors (14)

Last Action

Official Document

bill text

bill summary

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