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
For legislation to reduce the income tax. Revenue.
AI Summary
This bill proposes to reduce the income tax rate in Massachusetts. Specifically, it amends Section 4 of Chapter 62 of the General Laws to lower the Part B taxable income tax rate from the current level to 5.1% for tax years beginning on or after January 1, 2019, and further reduces it to 5% for tax years beginning on or after January 1, 2021. These changes are aimed at providing tax relief to Massachusetts residents through lower income tax rates.
Committee Categories
Budget and Finance
Sponsors (4)
Last Action
Accompanied a study order, see H5080 (on 11/02/2020)
Official Document
bill text
bill summary
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bill summary
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bill summary
Document Type | Source Location |
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State Bill Page | https://malegislature.gov/Bills/191/S1772 |
Bill | https://malegislature.gov/Bills/191/S1772.pdf |
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