Bill

Bill > H2541


MA H2541

To exempt certain veterans from the state tax


summary

Introduced
01/22/2019
In Committee
01/22/2019
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

191st General Court

Bill Summary

For legislation to exempt the pensions of certain veterans from the income tax laws of the Commonwealth. Revenue.

AI Summary

This bill aims to exempt the pensions of certain veterans from the income tax laws of the Commonwealth of Massachusetts. Specifically, it amends the General Laws to include income from any retirement allowance payable under section 58 of chapter 32 as part of the list of sums and income that are exempt from the state's income tax. The bill is effective for taxable years beginning January 1, 2020.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Accompanied a study order, see H5128 (on 11/19/2020)

bill text


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