1 of 1
SENATE DOCKET, NO. 1044 FILED ON: 1/18/2023
SENATE . . . . . . . . . . . . . . No. 1789
The Commonwealth of Massachusetts
_________________
PRESENTED BY:
Sal N. DiDomenico
_________________
To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General
Court assembled:
The undersigned legislators and/or citizens respectfully petition for the adoption of the accompanying bill:
An Act to promote high-impact community investment.
_______________
PETITION OF:
NAME:DISTRICT/ADDRESS :Sal N. DiDomenicoMiddlesex and SuffolkMichael O. MooreSecond Worcester1/30/2023Joanne M. ComerfordHampshire, Franklin and Worcester2/10/2023James B. EldridgeMiddlesex and Worcester2/21/2023Lydia EdwardsThird Suffolk3/2/2023Jason M. LewisFifth Middlesex3/7/2023Angelo J. Puppolo, Jr.12th Hampden3/7/2023Patrick M. O'ConnorFirst Plymouth and Norfolk3/7/2023John J. CroninWorcester and Middlesex3/9/2023 1 of 1
SENATE DOCKET, NO. 1044 FILED ON: 1/18/2023
SENATE . . . . . . . . . . . . . . No. 1789
By Mr. DiDomenico, a petition (accompanied by bill, Senate, No. 1789) of Sal N. DiDomenico,
Michael O. Moore, Joanne M. Comerford, James B. Eldridge and other members of the General
Court for legislation to promote high-impact community investment. Revenue.
The Commonwealth of Massachusetts
_______________
In the One Hundred and Ninety-Third General Court
(2023-2024)
_______________
An Act to promote high-impact community investment.
Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority
of the same, as follows:
1 SECTION 1: Section 38EE of Chapter 63 of the General Laws of 2020 is hereby
2amended by striking section 38EE(i) and replacing it with the following:- "Section EE(i) The
3department shall authorize the tax credits under this section. The total value of the tax credits
4authorized in this section, together with those authorized in section 6M of chapter 62, shall not
5exceed $12,000,000 in taxable years 2023 and 2024; and shall not exceed $15,000,000 in taxable
6year 2025 and thereafter."
7 SECTION 2: Section 6M of Chapter 62 of the General Laws of 2020 is hereby amended
8by striking section 6M(i) and replacing it with the following:- "6M(i) The department shall
9authorize the tax credits under this section. The total value of the tax credits authorized in this
10section, together with those authorized in Section 38EE of Chapter 63, shall not exceed
11$12,000,000 in taxable years 2023 and 2024; and shall not exceed $15,000,000 in taxable year
122025 and thereafter."