An Act providing renter relief tax credit
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Overview
This bill proposes an increase to the renter relief tax credit in Massachusetts. The goal is to provide financial assistance to renters who may be struggling with housing costs. The bill seeks to expand the existing tax credit to help more residents afford their rent. It’s designed to alleviate financial hardship for renters within the state.
Key provisions
- Increases the amount of the renter relief tax credit.
- Expands eligibility criteria for the tax credit.
- Provides financial assistance to renters facing housing cost challenges.
- Targets low- and moderate-income renters.
- Allows renters to claim the credit when filing their state income taxes.
Who is affected
- Renters
- Low- and moderate-income households
- Massachusetts residents
Bill text
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Sponsors
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2 on record
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