Cost of Superbonus to State up to 122.6 bn in April

(ANSA) - ROME, MAY 15 - The cost to the State of the Superbonus scheme for energy-efficiency building renovations was 122.643 billion euros on April 30, up from 122,24 billion at the end of March, the ENEA sustainable-development agency said on Wednesday.
    The Superbonus programme, introduced by a previous government headed by M5S leader Giuseppe Conte in 2020, covered 110% of the cost of certain renovations.
    It has cost the State many times more than initially forecast and the costs keep growing, even though the scheme has been significantly curtailed by the current government.
    Economy Minister Giancarlo Giorgetti recently compared it to the 1963 Vajont dam disaster.
    Among other things, the current government has ended the so-called 'invoice-discount' ('sconto in fatture') system under which people could use credits from the State to pay for the renovations.
    Instead, people can now be reimbursed via tax deductions spread over several years.
    League party bigwig Giorgetti has presented a measure to spread the tax deductions related to Superbonus over 10 years, rather than four at the moment.
    The move has caused tension within the ruling coalition, with Deputy Premier, Foreign Minister and Forza Italia leader Antonio Tajani complaining about the retroactive nature of the measure.
    (ANSA).