Bill > H3184

This bill establishes a tax credit for homeowners in Massachusetts who install water filtration systems in their primary residences under specific conditions. The credit will cover 60% of the installation costs, up to a maximum of $2,500, with an annual tax credit cap of $750. To be eligible, homeowners must have water supplied solely by a public water system that is deemed unclean or unsafe by the relevant department, and the homeowner must occupy the property as their principal residence and not be a dependent of another taxpayer. The tax credit can be applied over multiple tax years, with a lifetime maximum credit of $1,500, and any excess credit can be carried forward. The department responsible for administering the credit will develop rules and regulations, and importantly, ongoing maintenance costs like replacement filters will not be eligible for the credit. This bill aims to provide financial assistance to homeowners dealing with water quality issues by offsetting the cost of installing home water filtration systems.

Budget and Finance

https://malegislature.gov/Bills/194/H3184