MA H2960

Bill

MA H2960

Increasing the conservation land 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

For legislation to increase the land conservation tax credit. Revenue.

AI Summary

This bill aims to increase the land conservation tax credit in Massachusetts. Specifically, it expands the types of organizations that can qualify for the tax credit to include private nonprofit trusts organized for land conservation purposes. It also increases the maximum annual tax credit from $2 million to $5 million in incremental steps over the next few years. The bill also includes provisions for when the changes will take effect and when they will expire.

Committee Categories

Budget and Finance

Sponsors (24)

Brad Jones (R)*, Smitty Pignatelli (D)*, Ruth Balser (D), John Barrett (D), Michael Brady (D), Jo Comerford (D), Julian Cyr (D), David DeCoste (R), Kip Diggs (D), Jamie Eldridge (D), Paul Frost (R), Susan Gifford (R), Tami Gouveia (D), Steven Howitt (R), Hannah Kane (R), Kay Khan (D), Mike Kushmerek (D), Elizabeth Malia (D), Matt Muratore (R), Sarah Peake (D), Lindsay Sabadosa (D), Walter Timilty (D), Timothy Whelan (R), Steve Xiarhos (R),

Last Action

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

Official Document

https://malegislature.gov/Bills/192/H2960

(11 Companion Bills)

Version:

Document Type	Source Location
State Bill Page	https://malegislature.gov/Bills/192/H2960
Bill	https://malegislature.gov/Bills/192/H2960.pdf

Bill	Bill Name	Last Action	Type
H2934	Relative to farm training in Massachusetts	Accompanied a study order, see H5043	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
S1845	Relative to senior citizen property tax credits	Accompanied a study order, see H5247	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
S1986	Increasing the conservation land tax credit	Accompanied H2960	Similar To
S788	To establish the family caregiver tax credit	Accompanied a study order, see H5352	Similar To

Bill > H2960

summary

Introduced Session

Bill Summary

AI Summary

Committee Categories

Sponsors (24)

Last Action

Official Document

bill text

bill summary

bill summary

bill summary