Massachusetts

Incentives/Policies for Renewables & Efficiency

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Alternative Energy and Energy Conservation Patent Exemption (Personal)

Last DSIRE Review: 06/19/2009

Incentive Type:	Personal Deduction
State:	Massachusetts
Eligible Efficiency Technologies:	Yes; specific technologies not identified
Eligible Renewable/Other Technologies:	Passive Solar Space Heat, Solar Water Heat, Solar Space Heat, Solar Thermal Electric, Solar Thermal Process Heat, Photovoltaics, Wind, Biomass, Hydroelectric, Renewable Transportation Fuels, Geothermal Electric, Fuel Cells, Geothermal Heat Pumps, Municipal Solid Waste
Applicable Sectors:	General Public/Consumer
Amount:	100% deduction
Terms:	Effective for up to five years from the date of issuance of the U.S. patent or the date of approval by the MA DOER, whichever first expires
Equipment Requirements:	Must be approved by MA DOER
Web Site:	http://www.state.ma.us/ doer/programs/renew/renew.htm#taxcred
Authority 1:	MGL ch. 62, § 2(a)(2)(G)
Date Effective:	1979

Summary:
Massachusetts offers a personal income tax deduction for any income received from the sale of a patent or royalty income from a patent deemed beneficial for energy conservation or alternative energy development. The Massachusetts commissioner of energy resources determines if a patent is eligible. This deduction is unique among incentives in that it targets patents and not simply real property.

Contact:

	Tax Information Massachusetts Department of Revenue P.O. Box 701 Boston, MA 02204 Phone: (800) 392-6089 Web Site: http://www.dor.state.ma.us

	Legal Department Massachusetts Department of Energy Resources (DOER) 100 Cambridge St. Suite 1020 Boston, MA 02114 Phone: (617) 626-7300 Fax: (617) 727-0030 E-Mail: doer.energy@state.ma.us Web Site: http://www.mass.gov/doer

Please note: The information on the DSIRE web site provides an overview of incentives and other policies, but it should not be used as the only source of information when making purchasing decisions, investment decisions, tax decisions or other binding agreements. Please refer to the individual contact provided in each record to verify that a specific incentive or other policy is applicable to your specific project.