An Act relative to commercial renewable investments
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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 to create tax credits for corporations that invest in commercial renewable energy projects within Massachusetts. The goal is to incentivize businesses to adopt renewable energy sources and contribute to the state’s clean energy goals. The legislation is based on a petition submitted by two students seeking to expand energy tax credits for corporations. It is currently under review by the Joint Committee on Revenue.
Key provisions
- Provides tax credits for corporate investments in commercial renewable energy.
- Encourages the development of renewable energy projects within Massachusetts.
- Targets corporate investment rather than individual consumers.
- The bill is currently being reviewed by the Joint Committee on Revenue.
- The bill was referred to the Joint Committee on Revenue on February 27, 2025.
Who is affected
- Corporations
- Renewable energy developers
- The Massachusetts economy
- Energy sector
Notable changes
- Expands existing energy tax credits to include corporate investments.
- Focuses on commercial renewable energy projects.
Bill text
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Sponsors
Official sponsors from legislative records.
3 on record
Primary sponsor
Cosponsors
Mariah Delaney Eskel
Sofia Isabella FloresQuero Llamas
Arguments
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