summary
Introduced
01/22/2013
01/22/2013
In Committee
01/22/2013
01/22/2013
Crossed Over
Passed
Dead
08/01/2014
08/01/2014
Introduced Session
188th General Court
Bill Summary
For legislation relative to tax credits for propane powered vehicles in the Commonwealth. Revenue.
AI Summary
This bill establishes a new tax credit program in Massachusetts for corporations that are licensed common carriers of passengers, meaning they are authorized to transport people for a fee, and choose to convert their vehicle fleets to run on propane. This credit, which can be claimed against taxes owed, is based on the cost of converting these vehicles. The program will be overseen by the commissioner of the department of public utilities in conjunction with the commissioner of revenue, who will create rules for its operation. The total amount of these tax credits is capped at $4,000,000 per year, and the program is set to expire on January 1, 2016.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Accompanied a study order, see S2111 (on 04/24/2014)
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/188/Senate/S1370 |
| Bill | https://malegislature.gov/Bills/188/S1370.pdf |
| BillText | https://malegislature.gov/Bills/PDF?billId=123113&generalCourtId=11 |
| Bill | https://malegislature.gov/Bills/188/S1370 |
| Bill | https://malegislature.gov/Bills/BillHtml/123113?generalCourtId=11 |
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