An Act relative to commercial renewable investments, the official text

	Chapter 63 of the Mass General Laws is hereby amended by inserting after section 81 the following new section: ---:
	"Section __ Massachusetts Energy Credit for Corporations
	Section 1) There shall be a tax credit assessed to Corporations for the total taxes owed by a Corporation within the Commonwealth of Massachusetts on the basis of the creation of renewable energies. The rate at which the credit shall be allocated is as follows: 
	0-14 Megawatts of Renewable Energy: 0.7%; 
	15 - 20 Megawatts of Renewable Energy: 1.4%; 
	21 - 30 Megawatts of Renewable Energy: 2.1%; 
	31-40 Megawatts of Renewable Energy: 2.8%; 
	41-50 Megawatts of Renewable Energy: 3.5%; 
	51-60 Megawatts of Renewable Energy: 4.2%; 
	61 - 70 Megawatts of Renewable Energy: 4.9%; 
	61-80 Megawatts of Renewable Energy 5.6%; 
	81-90 Megawatts of Renewable Energy: 6.3%; 
	91 - 100 Megawatts of Renewable Energy: 7%; 
	101- 110 Megawatts of Renewable Energy: 7.7%; 
	111-120 Megawatts of Renewable Energy: 8.4%; 
	121 - 130 Megawatts of Renewable Energy: 9.1%; 
	131- 140 Megawatts of Renewable Energy: 9.8%; and 
	141-150 Megawatts of Renewable Energy: 10.5%.
	Section 2. For purposes of this credit renewable energy shall include: Wind turbine energy, Solar Panels, hydroelectric energy, Geo-Thermal Energy, and Nuclear Energy."