MA S1723

Bill

Relative to the taxation of small business in the Commonwealth

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 relative to the taxation of small business in the Commonwealth. Revenue.

AI Summary

This bill amends Section 32D of Chapter 63 of the General Laws to increase the total receipts thresholds for small businesses to qualify for certain tax exemptions or credits. Specifically, it increases the threshold from $6 million to $12 million for certain provisions, and from $9 million to $18 million for others. The bill also provides that these thresholds will be adjusted annually based on changes in the Consumer Price Index.

Committee Categories

Budget and Finance

Sponsors (1)

Mike Moore (D),

Last Action

Accompanied a study order, see H5031 (on 11/04/2020)

Official Document

https://malegislature.gov/Bills/191/S1723

(10 Companion Bills)

Version:

Document Type	Source Location
State Bill Page	https://malegislature.gov/Bills/191/S1723
Bill	https://malegislature.gov/Bills/191/S1723.pdf

Bill	Bill Name	Last Action	Type
H2399	Providing for property tax relief for small business owners	Accompanied a study order, see H5128	Similar To
H2539	Clarifying municipalities' rights to assess real estate taxes on commercial uses in common areas of condominium complexes	Accompanied a study order, see H5128	Similar To
H2540	To insure fair taxation of affordable housing	Accompanied a study order, see H5128	Similar To
H2649	Relative to conservation restrictions	Accompanied a study order, see H5080	Similar To
H2660	Relative to the taxation of inventory in manufacturing	Accompanied a study order, see H5040	Similar To
H2757	Promoting small business in Massachusetts	Accompanied a study order, see H5103	Similar To
H5031	Study Order - income tax and tax credits	Discharged to the committee on House Rules	Replaced by
S1676	Addressing challenges of rural zip codes and state revenue calculations	Bill reported favorably by committee and referred to the committee on Senate Ways and Means	Similar To
S1714	Relative to the fair taxation of alcoholic beverages	Accompanied a study order, see H5080	Similar To
S2223	To commission a study on small manufacturing businesses in Massachusetts	Accompanied a study order, see S2533	Similar To

Bill

Bill Name

Last Action

Type

H2399

Providing for property tax relief for small business owners

Accompanied a study order, see H5128

Similar To

H2539

Clarifying municipalities' rights to assess real estate taxes on commercial uses in common areas of condominium complexes

Accompanied a study order, see H5128

Similar To

H2540

To insure fair taxation of affordable housing

Accompanied a study order, see H5128

Similar To

H2649

Relative to conservation restrictions

Accompanied a study order, see H5080

Similar To

H2660

Relative to the taxation of inventory in manufacturing

Accompanied a study order, see H5040

Similar To

H2757

Promoting small business in Massachusetts

Accompanied a study order, see H5103

Similar To

H5031

Study Order - income tax and tax credits

Discharged to the committee on House Rules

Replaced by

S1676

Addressing challenges of rural zip codes and state revenue calculations

Bill reported favorably by committee and referred to the committee on Senate Ways and Means

Similar To

S1714

Relative to the fair taxation of alcoholic beverages

Accompanied a study order, see H5080

Similar To

S2223

To commission a study on small manufacturing businesses in Massachusetts

Accompanied a study order, see S2533

Similar To

Bill > S1723

MA S1723

summary

Introduced Session

Bill Summary

AI Summary

Committee Categories

Sponsors (1)

Last Action

Official Document

bill text

bill summary

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