Governor Deval Patrick's Budget Recommendation - House 1 Fiscal Year 2014

2.303 -Expenditures to remove architectural and transportation barriers to the handicapped and elderly


Item DescriptionFY2012 FY2013 FY2014
2.303 Expenditures to remove architectural and transportation barriers to the handicapped and elderly
Taxpayers may elect to deduct up to $15,000 of the costs of removing architectural or transportation barriers to the handicapped in the year these costs are incurred. The immediate deduction of these expenditures, which would otherwise have to be capitalized and depreciated over a longer period, constitutes a tax expenditure, resulting in a deferral of tax or an interest-free loan.

Origin:  IRC, S. 190
Estimate:  $0.6
0.6 0.6 0.6

Key:

ORIGIN  
IRCFederal Internal Revenue Code (26 U.S.C.)
M.G.L. Massachusetts General Laws
U.S.C United States Code
ESTIMATES All estimates are in $ millions.


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