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 increase the land conservation tax credit. Revenue.
AI Summary
This bill aims to increase the land conservation tax credit in Massachusetts. Specifically, it proposes to raise the maximum tax credit for land conservation from $2 million to $7 million under both the state's personal income tax (Chapter 62) and corporate excise tax (Chapter 63) laws. This change would provide a greater financial incentive for individuals and businesses to donate or sell land for conservation purposes, helping to preserve more natural areas and open spaces in the state.
Committee Categories
Budget and Finance
Sponsors (4)
Last Action
Accompanied a new draft, see H3855 (on 08/03/2017)
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/S1657 |
| Bill | https://malegislature.gov/Bills/190/S1657.pdf |
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