summary
Introduced
04/15/2015
04/15/2015
In Committee
04/15/2015
04/15/2015
Crossed Over
Passed
Dead
07/31/2016
07/31/2016
Introduced Session
189th 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 operate as common carriers of passengers, meaning they are licensed to transport people for a fee, and choose to convert their vehicle fleets to run on propane. This credit, which can be applied against taxes owed by the company, is based on the cost of making these conversions, and the total amount of these credits is capped at $4,000,000 each year, with the program set to expire on January 1, 2017. The Department of Public Utilities, working with the Department of Revenue, will create the rules for how this program will be put into practice and managed.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Accompanied a study order, see S2290 (on 05/12/2016)
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/Senate/S1529 |
| State Bill Page | https://malegislature.gov/Bills/189/S1529 |
| Bill | https://malegislature.gov/Bills/189/S1529.pdf |
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