Bill
Bill > S1903
MA S1903
Establishing a tax deduction for donations to public colleges and universities
summary
Introduced
03/29/2021
03/29/2021
In Committee
03/29/2021
03/29/2021
Crossed Over
Passed
Dead
12/31/2022
12/31/2022
Introduced Session
192nd General Court
Bill Summary
For legislation to establish a tax deduction for donations to public colleges and universities. Revenue.
AI Summary
This bill establishes a new tax deduction for donations made to public college and university foundations in the state. Specifically, it amends the state's tax code to allow individuals to deduct the amount of any donations they make to public higher education foundations from their taxable income. This is intended to incentivize greater private financial support for public colleges and universities in the state.
Committee Categories
Budget and Finance
Sponsors (2)
Last Action
Accompanied a study order, see H5250 (on 10/03/2022)
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/192/S1903 |
Bill | https://malegislature.gov/Bills/192/S1903.pdf |
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