Introduction

830 CMR 62.6.3 explains the lead paint removal credit ("deleading credit") allowed against income tax imposed pursuant to M.G.L. c. 62. See M.G.L. c. 62, § 6(e), as amended by St. 1993, c. 482. 830 CMR 62.6.3 applies to taxable years beginning on or after January 1, 1994. 830 CMR 62.6.3 must be read in conjunction with any pertinent regulations of the Department of Public Health and the Department of Labor and Workforce Development. In general, the owner of a residential premises who pays for the deleading of the premises for the purpose of bringing the premises into full compliance with M.G.L. c. 111, §§ 189A through 199B, may claim a deleading credit equal to the lesser of the cost of deleading, or $1500, per dwelling unit. M.G.L. c. 62, § 6(e). The owner of a residential premises who pays for the deleading of the premises for the purpose of bringing the premises into interim control pending full compliance pursuant to M.G.L. c. 111, §197(b), may claim a deleading credit equal to the lesser of ½ the cost of deleading, or $500, per dwelling unit. Id. For purposes of claiming the deleading credit, the owner of the residential premises may choose full compliance directly, or to undertake full compliance as soon as feasible after the institution of interim control and the receipt of a letter of interim control.