Credits Against Tax

Fiscal Year 2010 Resource Summary (in Millions)
TAX EXPENDITURE FY2009 FY2010 FY2011
Credits Against Tax 193.9 203.2 201.8

View tax item language

item description amount
Credits Against Tax 201.8
2.602 Investment Tax Credit 47.0
2.603 Vanpool Credit (VPC) 0.1
2.604 Research Credit 71.8
2.605 Economic Opportunity Area Credit (EOAC) 14.6
2.606 Credit for Employing Former Full-Employment Program Participants Negligible
2.607 Credit for Harbor Maintenance Taxes Paid 1.3
2.608 Brownfields Credit 2.8
2.609 Low Income Housing Credit 1.8
2.610 Historic Buildings Rehabilitation Credit 21.3
2.611 Jobs Incentive Payment for Biotechnology and Medical Device Companies Negligible
2.612 Solar Heat Credit Expired
2.613 Home Energy Efficiency Credit Expired
2.614 Film (or Motion Picture) Credit 10.1
2.615 Medical Device User Fee Credit 3.2
2.616 Devens Refundable Tax Credit 6.0
2.617 Life Sciences Tax Incentive Program 20.0
2.618 Dairy Farmer Tax Credit 1.8

Key:

ORIGIN  
IRCFederal Internal Revenue Code (26 U.S.C.)
M.G.L. Massachusetts General Laws
U.S.C United States Code
ESTIMATES All estimates are in $ millions.