Increases the conservation land tax credit in Massachusetts by raising the cap on the credit amount.
This bill increases the conservation land tax credit in Massachusetts by raising the cap on the credit amount. It raises the cap from $2 million to $3 million, then to $4 million, and finally to $5 million over a period of three years, starting January 1, 2024. The changes will expire on December 31, 2033.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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