summary
Introduced
06/24/2019
06/24/2019
In Committee
11/04/2019
11/04/2019
Crossed Over
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
191st General Court
Bill Summary
Relative to the amount of the deduction on taxable income for rent. Revenue.
AI Summary
This bill amends the existing law to increase the deduction on taxable income for rent from $3,000 to $4,000. This change is made to Section 1, Subsection (a)(9) of Chapter 62 of the existing law, which deals with the amount of the deduction on taxable income for rent. The purpose of this bill is to provide more affordable rental housing by increasing the tax deduction for rent.
Committee Categories
Budget and Finance
Sponsors (1)
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 |
---|---|
State Bill Page | https://malegislature.gov/Bills/191/H4190 |
Bill | https://malegislature.gov/Bills/191/H4190.pdf |
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