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Bill > H2433


MA H2433

Relative to the electronic deposit of tax refunds


summary

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 the electronic deposit of tax refunds. Revenue.

AI Summary

This bill amends Section 85 of Chapter 62C of the Massachusetts General Laws to allow taxpayers whose tax refunds are processed electronically and paid through direct deposit to elect to have their refund split and deposited into more than one bank account, including higher education savings plans or accounts. This change provides taxpayers with greater flexibility in how they receive and allocate their tax refunds.

Committee Categories

Budget and Finance

Sponsors (2)

Last Action

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

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