Massachusetts S466 promotes oyster shell recycling by offering a tax credit for donations to recycling organizations.
Massachusetts S466 introduces a tax credit for individuals and corporations donating oyster shells to recycling organizations. The credit amounts to five dollars per full 5-gallon bucket of oyster shells donated. Corporations can carry forward any unused credit for up to three subsequent taxable years. The bill aims to incentivize conservation efforts through oyster shell recycling.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.