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 relative to a small business gas tax credit. Revenue.
AI Summary
This bill establishes a "Small Business Tax Credit" that allows small businesses in Massachusetts to claim a tax credit of up to 15% of the amount they spend on gasoline or diesel fuel for their vehicles or their employees' vehicles used for business purposes. The bill defines a "small business" based on criteria such as number of employees and annual revenue. The Department of Revenue will be responsible for administering and enforcing the tax credit program.
Committee Categories
Budget and Finance
Sponsors (1)
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/S1664 |
Bill | https://malegislature.gov/Bills/190/S1664.pdf |
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