MA H2990

Bill

MA H2990

To encourage Massachusetts residency

Introduced
03/29/2021

In Committee
03/29/2021

Crossed Over

Passed

Dead
12/31/2022

Introduced Session

192nd General Court

Bill Summary

Relative to the estate tax. Revenue.

AI Summary

This bill aims to encourage Massachusetts residency by amending the state's estate tax laws. It establishes a 20% tax rate on the Massachusetts taxable estate of every deceased resident, with an exemption of up to $1 million that will increase annually with the Consumer Price Index. Additionally, the bill provides an exemption for the value of a deceased resident's primary residence at the time of their death, excluding it from the Massachusetts taxable estate.

Committee Categories

Budget and Finance

Sponsors (2)

Jay Livingstone (D)*, Carlos González (D),

Last Action

Accompanied a new draft, see H4997 (on 07/11/2022)

Official Document

https://malegislature.gov/Bills/192/H2990

(14 Companion Bills)

Version:

Document Type	Source Location
State Bill Page	https://malegislature.gov/Bills/192/H2990
Bill	https://malegislature.gov/Bills/192/H2990.pdf

Bill	Bill Name	Last Action	Type
H2673	Relative to residency	No further action taken	Similar To
H2881	Relative to the Massachusetts estate tax code	Accompanied a new draft, see H4997	Similar To
H2943	Providing volunteer firefighters and emergency medical technicians with a local option real estate tax exemption	Accompanied a study order, see H5279	Similar To
H3062	Relative to the Massachusetts estate tax	Accompanied a new draft, see H4997	Similar To
H3919	Relative to the residency requirement for the executive assistant in the town of Hudson	Signed by the Governor, Chapter 32 of the Acts of 2022	Similar To
H3965	Establishing residency requirements for the offices of mayor, city council, and school committee in the city of Revere	Signed by the Governor, Chapter 120 of the Acts of 2022	Similar To
H4997	To improve Massachusetts' competitiveness and reduce the cost of living	No further action taken	Replaced by
S1113	Establishing a special commission relative to the uniformity of sex offender residency restrictions in the Commonwealth	Accompanied a study order, see S2665	Similar To
S1338	Relative to forest wardens	Bill reported favorably by committee and referred to the committee on Senate Rules	Similar To
S1739	Relative to residency	No further action taken	Similar To
S1862	Abolishing the death tax	Accompanied a study order, see H5245	Similar To
S1884	Relative to the estate tax	Accompanied a new draft, see H4997	Similar To
S1911	Relative to the Massachusetts estate tax code	Accompanied a new draft, see H4997	Similar To
S1943	Authorizing a city or town to designate a check-off on its real estate tax bills and to establish an economic aid fund	Accompanied a study order, see S2743	Similar To

Bill

Bill Name

Last Action

Type

H2673

Relative to residency

No further action taken

Similar To

H2881

Relative to the Massachusetts estate tax code

Accompanied a new draft, see H4997

Similar To

H2943

Providing volunteer firefighters and emergency medical technicians with a local option real estate tax exemption

Accompanied a study order, see H5279

Similar To

H3062

Relative to the Massachusetts estate tax

Accompanied a new draft, see H4997

Similar To

H3919

Relative to the residency requirement for the executive assistant in the town of Hudson

Signed by the Governor, Chapter 32 of the Acts of 2022

Similar To

H3965

Establishing residency requirements for the offices of mayor, city council, and school committee in the city of Revere

Signed by the Governor, Chapter 120 of the Acts of 2022

Similar To

H4997

To improve Massachusetts' competitiveness and reduce the cost of living

No further action taken

Replaced by

S1113

Establishing a special commission relative to the uniformity of sex offender residency restrictions in the Commonwealth

Accompanied a study order, see S2665

Similar To

S1338

Relative to forest wardens

Bill reported favorably by committee and referred to the committee on Senate Rules

Similar To

S1739

Relative to residency

No further action taken

Similar To

S1862

Abolishing the death tax

Accompanied a study order, see H5245

Similar To

S1884

Relative to the estate tax

Accompanied a new draft, see H4997

Similar To

S1911

Relative to the Massachusetts estate tax code

Accompanied a new draft, see H4997

Similar To

S1943

Authorizing a city or town to designate a check-off on its real estate tax bills and to establish an economic aid fund

Accompanied a study order, see S2743

Similar To

Bill > H2990

summary

Introduced Session

Bill Summary

AI Summary

Committee Categories

Sponsors (2)

Last Action

Official Document

bill text

bill summary

bill summary

bill summary