summary
Introduced
03/11/2015
03/11/2015
In Committee
03/11/2015
03/11/2015
Crossed Over
Passed
Dead
07/31/2016
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)
Stephen Kulik (D)*,
Jennifer Benson (D),
Jamie Eldridge (D),
Anne Gobi (D),
Jonathan Hecht (D),
Steven Howitt (R),
Brad Jones (R),
Peter Kocot (D),
Jason Lewis (D),
Paul McMurtry (D),
Mike Moore (D),
Kathleen O'Connor Ives (D),
Denise Provost (D),
Bruce Tarr (R),
Chris Walsh (D),
Last Action
Accompanied a new draft, see H3771 (on 09/28/2015)
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/189/House/H2585 |
| State Bill Page | https://malegislature.gov/Bills/189/H2585 |
| Bill | https://malegislature.gov/Bills/189/H2585.pdf |
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