1.602 -Credit for Removal of Lead Paint

Item DescriptionFY2011 FY2012 FY2013 FY2014 FY2015
1.602 Credit for Removal of Lead Paint
A tax credit is provided in the amount of the cost of removing or covering lead paint on each residential unit up to $1,500. A seven-year carryover of any unused credit is permitted. Credit is neither transferable nor refundable.

Origin:  M.G.L. c. 62, S. 6(e)
Estimate:  $3.0
2.3 2.4 2.9 2.9 3

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.