1.615 -Conservation Land Tax Credit

Item DescriptionFY2011 FY2012 FY2013
1.615 Conservation Land Tax Credit
Filers who donate land for conservation in perpetuity for the use of all citizens of the Commonwealth can receive a credit of up to $50,000. Approval of the donation is required from the Secretary of the Office of Energy & Environment Affairs.

Origin:  M.G.L. c. 62, S. 6 (p), Ch. 509 Acts of 2008 S. 1-4.
Estimate:  $1.5
0 1.5 1.5

Key:

ORIGIN  
IRCFederal 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.