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 maximum tax credit allowed for land conservation incentives. Revenue.
AI Summary
This bill aims to increase the maximum tax credit allowed for land conservation incentives. Specifically, it amends the General Laws to raise the maximum tax credit from $2 million to $10 million for both corporations under Chapter 63 and individuals under Chapter 62. Additionally, the bill expands the eligibility for the tax credit to include nonprofit trusts established for the purposes of land conservation. The bill is set to expire on December 31, 2027.
Committee Categories
Budget and Finance
Sponsors (20)
Brian Ashe (D),
Josh Cutler (D),
Jamie Eldridge (D),
Carmine Gentile (D),
Carlos González (D),
Ken Gordon (D),
Jonathan Hecht (D),
Steven Howitt (R),
Mary Keefe (D),
Kay Khan (D),
Stephen Kulik (D),
Barbara L'Italien (D),
Paul McMurtry (D),
Kathleen O'Connor Ives (D),
Denise Provost (D),
John Scibak (D),
Bruce Tarr (R),
José Tosado (D),
Chris Walsh (D),
Timothy Whelan (R),
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/H2614 |
| Bill | https://malegislature.gov/Bills/190/H2614.pdf |
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