summary
Introduced
01/23/2017
01/23/2017
In Committee
01/23/2017
01/23/2017
Crossed Over
Passed
Dead
12/31/2018
12/31/2018
Introduced Session
190th General Court
Bill Summary
For legislation to establish a tax credit for small bussinesses. Revenue.
AI Summary
This bill establishes a tax credit for small businesses on the creditable amount they pay for gasoline or diesel fuel for vehicles owned by the company or driven by employees during the normal course of business. The tax credit is up to 15% of the creditable amount purchased in the taxable year. The Department of Revenue will be responsible for administering and enforcing the tax credit.
Committee Categories
Budget and Finance
Sponsors (3)
Last Action
Accompanied a study order, see S2497 (on 04/30/2018)
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/190/S1593 |
| Bill | https://malegislature.gov/Bills/190/S1593.pdf |
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