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MA DOR Proposes Increases in Lead Paint Removal Tax Credits

The MA Department of Revenue (DOR) proposed a regulation implementing a statutory increase in lead paint removal tax credits. The regulation proposes increasing the maximum credit amount from $1,500 to $3,000, and from $500 to $1,500 for bringing residential premises under interim control pending full compliance, per dwelling unit.  The increases are effective for taxable years beginning on or after January 1, 2023. DOR will hold a public hearing on the regulation on November 10, 2026. More information on the regulation and hearing can be found at this link.

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