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Bill > H2585


MA H2585

MA H2585
Relative to land conservation incentives


summary

Introduced
03/11/2015
In Committee
03/11/2015
Crossed Over
Passed
Dead
07/31/2016

Introduced Session

189th General Court

Bill Summary

For legislation to increase the maximum tax credit allowed for land conservation incentives. Revenue.

AI Summary

This bill proposes to increase the maximum tax credit allowed for land conservation incentives from $2,000,000 to $5,000,000, meaning individuals or businesses that donate land for conservation purposes can receive a larger reduction in their tax liability. This change is being made to chapter 63 of the General Laws, which deals with revenue and taxation, and aims to encourage more land conservation by offering a greater financial incentive.

Committee Categories

Budget and Finance

Sponsors (15)

Last Action

Accompanied a new draft, see H3771 (on 09/28/2015)

bill text


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