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MA S2090
Bill
AI Summary
- Creates a new Massachusetts Energy Credit for Corporations that reduces total state taxes owed based on renewable energy generation capacity
- Tax credit ranges from 0.7% for 0-14 megawatts to 10.5% for 141-150 megawatts, increasing in 0.7% increments for each tier
- Qualifying renewable energy sources include wind turbines, solar panels, hydroelectric, geothermal, and nuclear energy
- Amends Chapter 63 of Massachusetts General Laws by adding a new section after section 81
- Filed January 17, 2025 by Senator Bruce E. Tarr (by request) and referred to the Revenue Committee
Legislative Description
Relative to commercial renewable investments
Last Action
Hearing rescheduled to 10/03/2025 from 10:00 AM-12:35 PM in Gardner Auditorium Hearing updated to New End Time
10/3/2025
Committee Referrals
Revenue2/27/2025
Full Bill Text
No bill text available