Bill Text: MA H2712 | 2009-2010 | 186th General Court | Introduced
Bill Title: Provide a tax credit for expenditures on energy efficient technologies
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2009-01-20 - Public Hearing date 4/15 at 10:00 AM in Hearing Room B2 [H2712 Detail]
Download: Massachusetts-2009-H2712-Introduced.html
The Commonwealth of Massachusetts
_______________
PRESENTED BY:
Stephen R. Canessa
_______________
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 providing for a certain green tax credit.
_______________
PETITION OF:
|
Name: |
District/Address: |
|
Stephen R. Canessa |
12th Bristol |
|
Scott P. Brown |
Norfolk, Bristol and Middlesex |
|
Thomas J. Calter |
12th Plymouth |
|
Angelo J. Puppolo, Jr. |
12th Hampden |
|
Robert M. Koczera |
11th Bristol |
|
Timothy J. Toomey, Jr. |
26th Middlesex |
|
Jennifer M. Callahan |
18th Worcester |
|
Paul McMurtry |
11th Norfolk |
|
Cory Atkins |
14th Middlesex |
|
Bruce E. Tarr |
First Essex and Middlesex |
|
Susan C. Fargo |
Third Middlesex |
The Commonwealth of
Massachusetts
_______________
In the Year Two Thousand and Nine
_______________
An Act providing for a certain green 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 6 of chapter 62 of the General Laws is hereby amended by inserting after subsection (i) the following paragraph:-
(1) Any owner of residential property located in the commonwealth who is not a dependent of another taxpayer shall be allowed a tax credit equal to 100 per cent of the expenditures for the use of energy efficient technologies including wind, solar, photovoltaics, roofs, doors, windows, appliances, water heater, furnace, clothes washers, clothes dryers, dishwashers and other energy efficient home improvement modifications as determined by the executive office of energy and environmental affairs. Said tax credits shall be available to eligible taxpayers beginning in the tax years the repairs, replacements or installations were completed. Said credit shall not exceed $1,000 in any tax years up to an aggregate maximum of $5,000. The amount of any such credit shall be reduced by an amount equal to the total interest subsidy or grant received from the commonwealth, whether directly or indirectly, toward the cost of said expenditures. The department shall promulgate such rules and regulations as are necessary to administer the credit afforded by this subsection, including, but not limited to, a notification system by the commonwealth to recipients of said interest subsidy or grant of the amount of the total subsidy provided by the commonwealth.
