summary
Introduced
01/22/2019
01/22/2019
In Committee
01/22/2019
01/22/2019
Crossed Over
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
191st General Court
Bill Summary
Relative to the estate tax. Revenue.
AI Summary
This bill establishes a special commission to study the estate tax in Massachusetts. The 11-member commission will be tasked with examining the effects of the estate tax on economic growth and individuals moving out of state for tax purposes, potential changes to the estate tax such as repealing the $1 million exclusion amount or establishing a new exemption, the impact of those changes on state revenue, and data on estate taxes in other states. The commission will submit a report with its findings and recommendations to the Joint Committee on Revenue and the state legislature within 6 months of its first meeting.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Accompanied a study order, see H5040 (on 10/15/2020)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://malegislature.gov/Bills/191/H2432 |
| Bill | https://malegislature.gov/Bills/191/H2432.pdf |
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