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Bill > S1717


MA S1717

To increase the commuter tax deduction to reflect rising costs


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 increase the commuter tax deduction to reflect rising costs. Revenue.

AI Summary

This bill seeks to increase the commuter tax deduction to reflect rising costs. Specifically, it would allow individuals to deduct a portion of the costs for tolls paid through a Fast Lane account and for weekly or monthly transit passes for Massachusetts Bay Transit Authority transit, bus, commuter rail, or commuter boat, up to a maximum of $1,000 per individual. Additionally, individuals purchasing commuter rail passes would be able to deduct an additional 10% of their yearly costs, up to $500 per individual. The bill also requires the Commissioner of Revenue to adopt regulations necessary for the implementation of this section.

Committee Categories

Budget and Finance

Sponsors (2)

Last Action

Accompanied a study order, see S2549 (on 02/20/2020)

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