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2008 SESSION

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HB 732 Income tax, corporate and state; energy-efficient equipment tax credit.

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

SUMMARY AS INTRODUCED:

Income tax; energy-efficient equipment tax credit.  Grants an income tax credit for taxable years beginning on or after January 1, 2008, to taxpayers (individuals and corporations) who purchase energy-efficient equipment for heating, cooling, and electricity generation for their commercial property used in a business. The amount of the credit equals 25% of such equipment expenditures, but may not be more than $7,500 total.


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