MA S16

Bill

Proposal for a legislative amendment to the Constitution to provide resources for education and transportation through an additional tax on incomes in excess of one million dollars

Introduced
01/18/2019

In Committee
04/25/2019

Crossed Over

Passed

Dead
12/31/2020

Introduced Session

191st General Court

Bill Summary

By Mr. Lewis, a petition of Jason M. Lewis, Mike Connolly, Jack Patrick Lewis, Julian Cyr and other members of the General Court for a legislative amendment to the Constitution to provide resources for education and transportation through an additional tax on incomes in excess of one million dollars. Revenue.

AI Summary

This bill proposes a legislative amendment to the Massachusetts Constitution to provide resources for education and transportation through an additional 4% tax on annual taxable income in excess of $1 million. The revenue from this tax would be used to fund quality public education, affordable public colleges and universities, and the repair and maintenance of roads, bridges, and public transportation. The $1 million income threshold would be adjusted annually to account for changes in the cost of living, ensuring the tax continues to apply only to the state's highest-income taxpayers. The amendment would take effect for tax years beginning on or after January 1, 2023.

Committee Categories

Budget and Finance

Sponsors (45)

Mike Barrett (D), Joseph Boncore (D), Michael Brady (D), Will Brownsberger (D), Harriette Chandler (D), Sonia Chang-Díaz (D), Nick Collins (D), Jo Comerford (D), Mike Connolly (D), Cynthia Creem (D), Brendan Crighton (D), Julian Cyr (D), Marcos Devers (D), Sal DiDomenico (D), Diana Dizoglio (D), Michelle DuBois (D), Lori Ehrlich (D), Jamie Eldridge (D), Paul Feeney (D), Dylan Fernandes (D), Cindy Friedman (D), Sean Garballey (D), Carlos González (D), Jim Hawkins (D), Adam Hinds (D), Dan Hunt (D), Pat Jehlen (D), Patrick Kearney (D), Mary Keefe (D), John Keenan (D), Ed Kennedy (D), Kay Khan (D), John Lawn (D), David LeBoeuf (D), Eric Lesser (D), Jack Lewis (D), Jason Lewis (D), Joan Lovely (D), Jim O'Day (D), Marc Pacheco (D), Becca Rausch (D), Mike Rush (D), Walter Timilty (D), Steve Ultrino (D), James Welch (D),

Last Action

No further action taken (on 12/16/2020)

Official Document

https://malegislature.gov/Bills/191/S16

(11 Companion Bills)

Version:

Document Type	Source Location
State Bill Page	https://malegislature.gov/Bills/191/S16
Bill	https://malegislature.gov/Bills/191/S16.pdf

Bill	Bill Name	Last Action	Type
H2397	Providing an income tax credit for families caring for relatives at home who are elderly or victims of Alzheimer's disease	Accompanied a study order, see H5031	Similar To
H2441	Relative to increasing economic development and business opportunity in the design and manufacture of video games through the use of tax credits	Accompanied a study order, see H5128	Similar To
H2450	Promoting student loan repayment	Accompanied a study order, see H5040	Similar To
H2456	Encouraging home ownership by establishing a first time home buyers savings account	Bill reported favorably by committee and referred to the committee on House Ways and Means	Similar To
H2491	Relative to charitable donations	Accompanied a study order, see H5128	Similar To
H2506	Relative to Title 5 income tax credit reform	Bill reported favorably by committee and referred to the committee on House Ways and Means	Similar To
H2541	To exempt certain veterans from the state tax	Accompanied a study order, see H5128	Similar To
H86	Proposal for a legislative amendment to the Constitution to provide resources for education and transportation through an additional tax on incomes in excess of one million dollars	Amendment agreed to - see Senate Roll Call #73 and House Roll Call 77	Similar To
S1615	Relative to the income tax deduction for charitable giving	Accompanied a study order, see H5080	Similar To
S1640	To support voluntary income tax assistance sites and expand access to the earned income tax credit	Accompanied H2434	Similar To
S1777	To promote civic engagement in setting the income tax rate	Accompanied a study order, see H5080	Similar To

Bill > S16

summary

Introduced Session

Bill Summary

AI Summary

Committee Categories

Sponsors (45)

Last Action

Official Document

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