SECTION 1. Subparagraph (9) of paragraph (a) of part B of section 3 of chapter 62 of the General Laws, as appearing in the 2018 Official Edition, is hereby amended by striking out the figure “$3,000”, in line 109, and inserting in place thereof the following figure:- $6,000.
SECTION 2. Section 6 of said chapter 62, as amended by section 57 of chapter 358 of the acts of 2020, is hereby amended by adding the following subsection:-
(x) a taxpayer who pays rent for their principal place of residence and such residence is located in the commonwealth shall be allowed a credit against the taxes imposed by the chapter if the taxpayer’s Part B adjusted gross income is not more than $50,000. The credit shall be an amount equal to 5 per cent of 50 per cent of the total rent paid by the taxpayer in excess of $12,000; provided, however, that the credit shall not exceed $200 for a single person, spouse or a person that qualifies as head of household under section 2(b) of the Code.
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