1.602 -Credit for Removal of Lead Paint

Item	Description	FY2014	FY2015	FY2016	FY2017	FY2018
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, § 6(e) Estimate: $2.9	2.8	3.0	2.9	2.9	2.9

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.