1.614 -Dairy Farmer Tax Credit

Item	Description	FY2009	FY2010	FY2011
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), Chapter 310 of the Acts of 2008 Sec. 3. Estimate: $1.8	1.8	1.8	1.8

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.