summary
Introduced
02/16/2023
02/16/2023
In Committee
02/16/2023
02/16/2023
Crossed Over
Passed
Dead
12/31/2024
12/31/2024
Introduced Session
193rd General Court
Bill Summary
For legislation to promote high-impact community investment. Revenue.
AI Summary
This bill seeks to promote high-impact community investment by amending the General Laws of Massachusetts. Specifically, it increases the total value of tax credits authorized under Sections 38EE of Chapter 63 and 6M of Chapter 62 from $12 million in 2023 and 2024 to $15 million in 2025 and subsequent years. This change is intended to provide more financial incentives for investments that have a significant positive impact on local communities.
Committee Categories
Budget and Finance
Sponsors (17)
Sal DiDomenico (D)*,
Michael Brady (D),
Jo Comerford (D),
Mike Connolly (D),
Brendan Crighton (D),
John Cronin (D),
Lydia Edwards (D),
Jamie Eldridge (D),
Jim Hawkins (D),
Vanna Howard (D),
Jason Lewis (D),
Joan Lovely (D),
Liz Miranda (D),
Mike Moore (D),
Patrick O'Connor (R),
Angelo Puppolo (D),
Mike Rush (D),
Last Action
Accompanied a study order, see H5045 (on 09/12/2024)
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/193/S1789 |
| BillText | https://malegislature.gov/Bills/193/S1789.pdf |
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