SECTION 1. Section 6 of chapter 62 of the General Laws, as most recently amended by section 72 of chapter 219 of the acts of 2016, is hereby further amended by adding the following subsection:-
(u) (i) There shall be allowed a nonrefundable campaign contribution tax credit against a taxpayer’s tax liability imposed by this chapter for contributions of money made to the campaign committee of a candidate for any of the following public offices of the commonwealth: governor, lieutenant governor, secretary of the commonwealth, auditor of the commonwealth, treasurer of the commonwealth, attorney general, member of the house of representatives, member of the senate, county commissioner, registrar of probate, registrar of deeds, and governor’s council. The credit shall apply for the taxable year in which the contribution was made.
(ii)The amount of the credit for a taxable year shall equal the lesser of; (i) the combined total contributions made by the taxpayer, or taxpayers if filing a joint return, during the taxable year for which the return was filed, or (ii) the maximum amount of $100 for an individual taxpayer, or $200 for taxpayers filing jointly.
(iii) As used in this section, "candidate" shall be limited to candidates for the public offices of the commonwealth specified herein; and "contribution" shall be limited to contributions of money only.
SECTION 2. Section 1 shall apply tax years beginning on or after January 1, 2018.
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