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Bill > H1492


MA H1492

Relative to fuel cell technology


summary

Introduced
01/23/2017
In Committee
01/23/2017
Crossed Over
Passed
Dead
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)

Last Action

Accompanied a new draft, see H3907 (on 09/18/2017)

bill text


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