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Regulation

Regulation  330 CMR 29.00: Dairy farmer tax credit program

330 CMR 29.00 implements M.G.L. c. 62, §§ 6(o)(1) through (4) and c. 63 § 38Z, which establishes a tax credit to dairy farmers to offset the cyclical downturns in milk prices paid to dairy farmers. It provides a safety net program that supports Massachusetts dairy farms through its provision of revenue stability to dairy farmers when either milk prices paid to farmers fall or costs of production rise relative to one another.

Download a PDF copy of the regulation below.

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