Bill
Bill > H2814
MA H2814
Relative to encourage the use of alternative fuel heavy duty and medium duty vehicles
summary
Introduced
03/29/2021
03/29/2021
In Committee
03/29/2021
03/29/2021
Crossed Over
Passed
Dead
12/31/2022
12/31/2022
Introduced Session
192nd General Court
Bill Summary
For legislation to establish an excise tax credit for the use of alternative fuels for heavy duty and medium duty vehicles. Revenue.
AI Summary
This bill establishes an excise tax credit for the use of alternative fuels, such as electricity, liquid petroleum gas, natural gas, or hydrogen fuel, in heavy-duty and medium-duty commercial vehicles. The credit is up to $20,000 for alternative fuel heavy-duty vehicles and up to $12,000 for alternative fuel medium-duty vehicles, with a maximum annual credit of $250,000 per taxpayer or affiliated entity. The vehicles must be registered in Massachusetts and produced by original equipment manufacturers or third-party equipment manufacturers. The bill also grants the commissioner the authority to promulgate rules and regulations necessary for the implementation and administration of this tax credit.
Committee Categories
Budget and Finance
Sponsors (2)
Last Action
Accompanied a study order, see H5043 (on 08/29/2022)
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/192/H2814 |
| Bill | https://malegislature.gov/Bills/192/H2814.pdf |
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