Bill

Bill > H2476


MA H2476

To provide an income tax exemption for certain individuals caring for their elderly relatives


summary

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

Introduced Session

191st General Court

Bill Summary

Relativerelatives at home. Revenue.

AI Summary

This bill provides an income tax exemption of $4,000 for individuals who provided more than half the support for an elderly relative (aged 70 or older) who resided with them for more than 6 months of the taxable year. The exemption is available for taxpayers with an adjusted gross income of up to $30,000 (Section 1) or $40,000 (Section 2). The bill also authorizes the commissioner to adopt rules and regulations to implement the act, which will be effective for taxable years beginning January 1, 2019.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

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

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