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Bill > S1696


MA S1696

Establishing a tax deduction for donations to public colleges and universities


summary

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

Introduced Session

191st General Court

Bill Summary

For legislation to establishing a tax deduction for donations to public colleges and universities. Revenue.

AI Summary

This bill establishes a tax deduction for donations made to public college and university foundations in Massachusetts. The bill amends the state's general laws to allow taxpayers to deduct the amount of their donations to these public higher education foundations from their taxable income. This provision aims to encourage individuals to financially support public colleges and universities in the state.

Committee Categories

Budget and Finance

Sponsors (4)

Last Action

Accompanied a study order, see H5080 (on 11/02/2020)

bill text


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