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Volume 1
- Budget Message
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- Local Aid to Cities and Towns
- Capital Budget and Debt
Volume 2
- Budget Development
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- Operating Transfers
- Local Aid - Section 3
- Outside Sections
- Tax Expenditure Budget
- Appendix A
- Glossary
1.614 -Dairy Farmer Tax Credit
Item | Description | FY2011 | FY2012 | FY2013 |
---|---|---|---|---|
1.614 | Dairy Farmer Tax Credit
A taxpayer who holds a certificate of registration as a dairy farmer pursuant to section 16A of chapter 94 may be allowed a refundable income tax credit based on the amount of milk produced and sold. The total cumulative value of the credits authorized pursuant to this section combined with section 38Z of chapter 63 shall not exceed $4,000,000 annually. Origin: M.G.L. c. 62, S. 6 (o), Ch. 310 of the Acts of 2008 S. 3. Estimate: $0.4 |
0 | 0.7 | 0.4 |
Key:
ORIGIN | |
IRC | Federal Internal Revenue Code (26 U.S.C.) |
---|---|
U.S.C | United States Code |
M.G.L. | Massachusetts General Laws |
Rev. Rul.; C.B. | Revenue Ruling; Cumulative Bulletin of the U.S. Treasury |
ESTIMATES | All estimates are in $ millions. |
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