2.618 -Dairy Farmer Tax Credit

Item	Description	FY2009	FY2010	FY2011
2.618	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 6 (o) of Chapter 62 shall not exceed $4,000,000 annually. Origin: M.G.L. c. 63, S. 38Z, Chapter 310 of the acts of 2008, Sec. 6. Estimate: $1.8	1.8	1.8	1.8

Key:

ORIGIN
IRC	Federal 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.