Credits Against Tax

Fiscal Year 2019 Resource Summary (in Millions)
TAX EXPENDITURE	FY2015	FY2016	FY2017	FY2018	FY2019
Credits Against Tax	554.5	584.1	610.0	670.3	700.1

item	description	amount
Credits Against Tax		700.1
2.602	Investment Tax Credit	78.5
2.603	Vanpool Credit	Negligible
2.604	Research Credit	280.3
2.605	Economic Development Incentive Program Credit	24.3
2.606	Credit for Employing Former Full-Employment Program Participants	Not Active
2.607	Harbor Maintenance Tax Credit	1.4
2.608	Brownfields Credit	54.3
2.609	Low Income Housing Credit	98.0
2.610	Historic Buildings Rehabilitation Credit	48.2
2.614	Film (or Motion Picture) Credit	78.0
2.615	Medical Device User Fee Credit	2.5
2.617	Life Sciences Tax Incentive Program	24.4
2.618	Dairy Farmers Credit	$0.0
2.619	Conservation Land Credit	$0.0
2.620	Employer Wellness Program Tax Credit	$0.0
2.621	Community Investment Tax Credit	3.0
2.622	Certified Housing Development Tax Credit	6.8
2.623	Veteran's Hire Tax Credit	0.5

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.