An Act relative to tax credits for residents in manufactured housing communities
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Overview
This bill proposes a tax credit for residents of manufactured housing communities who pay to remove underground oil tanks from their properties. The goal is to help these residents cover the cost of this often-expensive and necessary environmental remediation. The bill was previously introduced and considered in several iterations, indicating ongoing interest in addressing this issue. It is currently awaiting a hearing.
Key provisions
- Provides a tax credit for residents of manufactured housing communities.
- The credit is specifically for the removal of underground oil tanks.
- The bill aims to offset the cost of oil tank removal.
- It addresses environmental concerns related to aging oil tanks.
- It builds upon previous attempts to establish similar tax credits.
Who is affected
- Residents of manufactured housing communities
- Homeowners in manufactured housing communities
- Environmental regulators
- Taxpayers
Notable changes
- This is a recurring bill, having been introduced and debated in previous legislative sessions.
- It represents an effort to provide financial assistance for a specific environmental remediation task.
Bill text
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Sponsors
Official sponsors from legislative records.
2 on record
Primary sponsor
David K. Muradian Jr.
Cosponsor
David K. Muradian Jr.
Arguments
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