MA H2509

Bill

Relative to corporate excise taxes for homeowners associations organized as corporations

Introduced
01/22/2019

In Committee
01/22/2019

Crossed Over

Passed

Dead
12/31/2020

Introduced Session

191st General Court

Bill Summary

Relative to corporate excise taxes for homeowners associations organized as corporations. Revenue.

AI Summary

This bill amends the Massachusetts General Laws to provide that homeowners associations organized as corporations and subject to taxation under Section 39 of Chapter 63 shall only pay the excise tax provided in subsection (a) of that section, rather than the greater of the excise tax or the minimum tax. This change applies to homeowners associations that are defined as and elect to be treated as such under Section 528(c) of the U.S. Internal Revenue Code.

Committee Categories

Budget and Finance

Sponsors (1)

Randy Hunt (R),

Last Action

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

Official Document

https://malegislature.gov/Bills/191/H2509

(9 Companion Bills)

Version:

Document Type	Source Location
State Bill Page	https://malegislature.gov/Bills/191/H2509
Bill	https://malegislature.gov/Bills/191/H2509.pdf

Bill	Bill Name	Last Action	Type
H1008	Relative to the cleanup of accidental home heating oil spills	Bill reported favorably by committee and referred to the committee on House Steering, Policy and Scheduling	Similar To
H228	Relative to clarifying homeowners right to perform electrical work	Accompanied a study order, see H5043	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
H2599	Relative to the corporate excise tax	Accompanied a study order, see H5040	Similar To
H2603	To clarify the net-worth measure of the corporate excise	Accompanied a study order, see H5040	Similar To
H5128	Study Order - Revenue matters	Discharged to the committee on House Rules	Replaced by
H923	Preserving the competitiveness of group auto and homeowners insurance plans	Accompanied a new draft, see H4152	Similar To
S1719	Relative to the relief of mortgage debt	Accompanied H2550	Similar To
S960	To increase transparency in the Massachusetts land record systems to protect the property rights of homeowners and businesses	Accompanied H1413	Similar To

Bill > H2509

MA H2509

summary

Introduced Session

Bill Summary

AI Summary

Committee Categories

Sponsors (1)

Last Action

Official Document

bill text

bill summary

bill summary

bill summary