Bill Text: MA H2685 | 2009-2010 | 186th General Court | Introduced
Bill Title: Provide for an income tax credit for expenditures for the design, construction, repair or replacement of failed cesspool or septic systems
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2009-01-20 - Public Hearing date 9/23 at 1:00 PM in Hearing Room B2 [H2685 Detail]
Download: Massachusetts-2009-H2685-Introduced.html
The Commonwealth of Massachusetts
_______________
PRESENTED BY:
F. Jay Barrows
_______________
To the
Honorable Senate and House of Representatives of the Commonwealth of
Massachusetts in General
Court assembled:
The undersigned legislators and/or citizens respectfully petition for the passage of the accompanying bill:
An Act relative to expanding the septic system tax credit.
_______________
PETITION OF:
|
Name: |
District/Address: |
|
F. Jay Barrows |
1st Bristol |
|
Scott P. Brown |
Norfolk, Bristol and Middlesex |
|
Barbara A. L'Italien |
18th Essex |
|
John F. Quinn |
9th Bristol |
|
Todd M. Smola |
1st Hampden |
|
Christine E. Canavan |
10th Plymouth |
|
Elizabeth Poirier |
14th Bristol |
|
Bruce E. Tarr |
First Essex and Middlesex |
|
Steven J. D'Amico |
4th Bristol |
|
Colleen M. Garry |
36th Middlesex |
|
Karen E. Spilka |
Second Middlesex and Norfolk |
The Commonwealth of
Massachusetts
_______________
In the Year Two Thousand and Nine
_______________
An Act relative to expanding the septic system tax credit.
Be
it enacted by the Senate and House of Representatives in General Court
assembled, and by the authority of the same, as follows:
Section 1: Part (i), Section 6, Chapter 62, of the Massachusetts General Laws is hereby amended by inserting the word “refundable” before the word “credit” in the line “…shall be allowed a credit equal to 40 per cent of the expenditures for design and construction expenses …”
Section 2: Part (i), Section 6, Chapter 62, of the Massachusetts General Laws is hereby amended by striking the word “failed” in the line “…shall be allowed a credit equal to 40 per cent of the expenditures for design and construction expenses for the repair or replacement of a failed cesspool or septic system.”
Section 1: Part (i), Section 6, Chapter 62, of the Massachusetts General Laws is hereby amended by striking the word “five” in the line “… that said credit shall not exceed $1,500 in any tax year and any excess credit may be applied over the following five subsequent tax years up to an aggregate maximum of $6,000 …” and inserting thereof in its place the word “ten”
Section 4: This act shall take effect upon passage.
