Chapter 63 of the General Laws as appearing in the 2018 Official Edition, is hereby amended by inserting after section 38F the following new section:-

Section 38FF. Home energy efficiency audit employee benefit; deduction

In determining the net income subject to tax under this chapter, a domestic or foreign business corporation, at its election, may deduct one-half of the expenditures paid or incurred during the taxable year with respect to providing employees as a benefit of employment the combined services of an energy auditor conducting an analytically rigorous home audit to identify areas of energy loss with a home contractor providing on-site implementation of efficiency measures defined as "Level 1" home energy rating systems work by the Residential Energy Services Network (RESNET) of the National Association of State Energy Officials; provided one-half the expenditures incurred with respect to providing the combined energy auditor/home contractor services be made pursuant to an energy efficiency plan approved by the department of public utilities pursuant to chapter twenty five, section 19 and chapter twenty five A, section 11G.