SENATE DOCKET, NO. 1044 FILED ON: 1/18/2023
SENATE . . . . . . . . . . . . . . No. 1789
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The Commonwealth of Massachusetts
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PRESENTED BY:
Sal N. DiDomenico
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To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General
Court assembled:
The undersigned legislators and/or citizens respectfully petition for the adoption of the accompanying bill:
An Act to promote high-impact community investment.
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PETITION OF:
Name: | District/Address: |
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Sal N. DiDomenico | Middlesex and Suffolk |
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Michael O. Moore | Second Worcester | 1/30/2023 |
Joanne M. Comerford | Hampshire, Franklin and Worcester | 2/10/2023 |
James B. Eldridge | Middlesex and Worcester | 2/21/2023 |
Lydia Edwards | Third Suffolk | 3/2/2023 |
Jason M. Lewis | Fifth Middlesex | 3/7/2023 |
Angelo J. Puppolo, Jr. | 12th Hampden | 3/7/2023 |
Patrick M. O'Connor | First Plymouth and Norfolk | 3/7/2023 |
John J. Cronin | Worcester and Middlesex | 3/9/2023 |
Michael D. Brady | Second Plymouth and Norfolk | 3/14/2023 |
Michael F. Rush | Norfolk and Suffolk | 3/14/2023 |
James K. Hawkins | 2nd Bristol | 3/30/2023 |
Mike Connolly | 26th Middlesex | 4/5/2023 |
Liz Miranda | Second Suffolk | 5/10/2023 |
Joan B. Lovely | Second Essex | 5/22/2023 |
Vanna Howard | 17th Middlesex | 6/1/2023 |
Brendan P. Crighton | Third Essex | 6/1/2023 |
SENATE DOCKET, NO. 1044 FILED ON: 1/18/2023
SENATE . . . . . . . . . . . . . . No. 1789
By Mr. DiDomenico, a petition (accompanied by bill, Senate, No. 1789) of Sal N. DiDomenico, Michael O. Moore, Joanne M. Comerford, James B. Eldridge and other members of the General Court for legislation to promote high-impact community investment. Revenue. |
The Commonwealth of Massachusetts
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In the One Hundred and Ninety-Third General Court
(2023-2024)
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An Act to promote high-impact community investment.
Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:
SECTION 1: Section 38EE of Chapter 63 of the General Laws of 2020 is hereby amended by striking section 38EE(i) and replacing it with the following:- "Section EE(i) The department shall authorize the tax credits under this section. The total value of the tax credits authorized in this section, together with those authorized in section 6M of chapter 62, shall not exceed $12,000,000 in taxable years 2023 and 2024; and shall not exceed $15,000,000 in taxable year 2025 and thereafter."
SECTION 2: Section 6M of Chapter 62 of the General Laws of 2020 is hereby amended by striking section 6M(i) and replacing it with the following:- "6M(i) The department shall authorize the tax credits under this section. The total value of the tax credits authorized in this section, together with those authorized in Section 38EE of Chapter 63, shall not exceed $12,000,000 in taxable years 2023 and 2024; and shall not exceed $15,000,000 in taxable year 2025 and thereafter."