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Income tax; state; credit for solar energy equipment.


Income tax credit; solar energy equipment. ;Creates a nonrefundable tax credit for the purchase and installation of solar energy equipment in certain nonresidential areas for taxable years beginning on and after January 1, 2019, but before January 1, 2024. The tax credit is capped at $100,000 per individual or 35 percent of the installed cost of the system, whichever is less. The aggregate amount of credits that can be issued in a fiscal year is capped at $10 million.

Referred Out (include Committee below)

Referred to Committee on General Laws