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
Relative to the fuel cell technology tax exemption. Revenue.
AI Summary
This bill proposes to amend the existing law to provide a 20-year tax exemption for qualified fuel cell powered systems, which are defined as integrated systems that utilize and convert natural gas or renewable fuels into electricity used to meet the energy needs of the real property where the system is located. The bill also allows municipalities to execute agreements for payments in lieu of taxes with the owners of these qualified fuel cell powered systems.
Committee Categories
Budget and Finance
Sponsors (8)
Joseph Boncore (D),
Paul Brodeur (D),
Tackey Chan (D),
Edward Coppinger (D),
Dan Donahue (D),
Anne Gobi (D),
Dan Hunt (D),
Mike Rush (D),
Last Action
Accompanied a new draft, see H3907 (on 09/18/2017)
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/H1492 |
Bill | https://malegislature.gov/Bills/190/H1492.pdf |
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