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 promote conservation through oyster shell recycling. Revenue.
AI Summary
This bill promotes conservation through oyster shell recycling by providing a tax credit to individuals and corporations that donate oyster shells to an oyster shell recycling organization. Specifically, the bill allows a tax credit of $1 per 5-gallon bucket of oyster shells donated, with a carryforward period of up to 3 years if the credit exceeds the taxpayer's liability for the year. The bill also prohibits any deduction for the donated oyster shells if the tax credit is claimed. The purpose of this legislation is to incentivize the recycling of oyster shells, which can be used to support the restoration of oyster habitats and enhance conservation efforts.
Committee Categories
Budget and Finance
Sponsors (8)
William Crocker (R),
Julian Cyr (D),
Viriato deMacedo (R),
Donald Humason (R),
Jason Lewis (D),
Richard Ross (R),
Bruce Tarr (R),
Timothy Whelan (R),
Last Action
Accompanied a new draft, see H4213 (on 02/12/2018)
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/S1624 |
| Bill | https://malegislature.gov/Bills/190/S1624.pdf |
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