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2007 SESSION

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HB 1878 Income tax, state; energy-efficient equipment deduction.

Introduced by: C. Charles Caputo | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Income tax; energy-efficient equipment deduction.  Provides an income tax deduction for taxable years beginning on or after January 1, 2007, to individuals who purchase energy-efficient equipment used for heating, cooling, and providing electricity to their residences.  The amount of the deduction equals 50% of such equipment expenditures, but not more than $7,500 total.


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