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Bill > H2863
MA H2863
MA H2863Increasing the individual project cap for the housing development incentive program
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
Relative to increasing the individual project cap for the housing development tax incentive program. Revenue.
AI Summary
This bill increases the individual project cap for the housing development tax incentive program from an unspecified amount to $5,000,000. The Department of Housing and Community Development (DHCD) can now authorize a credit of up to $5,000,000 for a qualified project under Chapter 40V of the General Laws. This change is being made to Paragraph (5) of both Subsection (q) of Section 6 of Chapter 62 and Section 38BB of Chapter 63 of the General Laws.
Committee Categories
Budget and Finance
Sponsors (3)
Last Action
Accompanied a study order, see H4728 (on 06/24/2024)
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/H2863 |
| BillText | https://malegislature.gov/Bills/193/H2863.pdf |
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