An Act establishing a tax credit for veteran license plates

This bill creates a tax credit for Massachusetts residents who own veteran license plates. The provision allows these vehicle owners to receive a credit on their state taxes equal to the amount they paid for the plate's registration, special fee, or renewal. By offsetting the cost of the plate, the legislation provides a financial benefit directly to current and former military service members. The change applies to tax years starting on or after January 1, 2023.