Massachusetts H4082 amends the septic tax credit to make it refundable for eligible taxpayers.

Massachusetts H4082 amends the septic tax credit to make it refundable for eligible taxpayers. This bill allows a non-refundable credit for design and construction expenses for the repair, replacement, or upgrade of a cesspool or septic system or connection to a sanitary sewer collection system. The credit is equal to 60 percent of the expenditures, up to a maximum of $4,000 per tax year, with any excess credit applied over the following five subsequent tax years up to an aggregate maximum of $18,000.

Massachusetts H4082 amends the septic tax credit to make it refundable for eligible taxpayers.

Massachusetts H4082 amends the septic tax credit to make it refundable for eligible taxpayers. This bill allows a non-refundable credit for design and construction expenses for the repair, replacement, or upgrade of a cesspool or septic system or connection to a sanitary sewer collection system. The credit is equal to 60 percent of the expenditures, up to a maximum of $4,000 per tax year, with any excess credit applied over the following five subsequent tax years up to an aggregate maximum of $18,000.