Establishes a tax credit for electric agricultural and landscape equipment in Massachusetts.
The bill creates a tax credit program in Massachusetts for farmers and landscape businesses that purchase electric-powered equipment. Eligible taxpayers can receive a refundable credit of up to 25% of the total purchase price. This incentive aims to encourage the adoption of electric equipment in agricultural and landscaping sectors.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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