MA S1818

Bill

Relative to establishing a lost rental income tax credit

Introduced
03/29/2021

In Committee
03/29/2021

Crossed Over

Passed

Dead
12/31/2022

Introduced Session

192nd General Court

Bill Summary

For legislation to establish a lost rental income tax credit. Revenue.

AI Summary

This bill establishes a lost rental income tax credit program in Massachusetts. Under this program, rental property owners can claim a refundable income tax credit for rental income lost due to a state of emergency declared by local, state, or federal authorities. The credit is intended to offset the rental income lost due to tenants' inability to pay rent during the state of emergency. The maximum credit a property owner can receive annually is $10,000. The bill also directs the Commissioner of Revenue to adopt regulations for the implementation, administration, and enforcement of this tax credit program.

Committee Categories

Budget and Finance

Sponsors (1)

Nick Collins (D)*,

Last Action

Accompanied a study order, see H5247 (on 09/26/2022)

Official Document

https://malegislature.gov/Bills/192/S1818

(18 Companion Bills)

Version:

Document Type	Source Location
State Bill Page	https://malegislature.gov/Bills/192/S1818
Bill	https://malegislature.gov/Bills/192/S1818.pdf

Bill	Bill Name	Last Action	Type
H2842	To remove the film tax credit expiration date	Accompanied a study order, see H5250	Similar To
H2887	Promoting student loan repayment	Accompanied a study order, see H4894	Similar To
H2932	Relative to charitable donations	Accompanied a study order, see H5043	Similar To
H2979	Establishing the family caregiver tax credit	Accompanied a study order, see H5352	Similar To
H2980	To create an income tax deduction for municipal and school fees	Accompanied a study order, see H5250	Similar To
H2982	To exempt certain veterans from the state tax	Accompanied a study order, see H5250	Similar To
H5247	Revenue	No further action taken	Replaced by
S1842	To support voluntary income tax assistance sites and expand access to the earned income tax credit	Accompanied a new draft, see H4997	Similar To
S1852	Providing a guaranteed minimum income to all Massachusetts families	Accompanied a new draft, see H4997	Similar To
S1858	Promoting student loan repayment	Accompanied a study order, see H4894	Similar To
S1912	To make childcare and preschool more affordable for working families	Accompanied S1878	Similar To
S1916	Authorizing the establishment of a mean tested senior citizen property tax exemption	Accompanied H2915	Similar To
S1930	Supporting job growth in the Commonwealth	Accompanied a study order, see H5250	Similar To
S1980	Relative to the Massachusetts Maritime Commercial Development tax credit	Accompanied a study order, see H5248	Similar To
S1983	Relative to the film tax credit	Accompanied a study order, see H5250	Similar To
S5	Proposal for a legislative amendment to the Constitution to provide resources for education and transportation through an additional tax on incomes in excess of one million dollars	Amendment again agreed to - see Senate Roll Call #48 and House Roll Call #38 (Yeas 159 to Nays 41)	Similar To
S788	To establish the family caregiver tax credit	Accompanied a study order, see H5352	Similar To
S884	To reduce the financial barriers to renting homes	Bill reported favorably by committee and referred to the committee on Senate Ways and Means	Similar To

Bill

Bill Name

Last Action

Type

H2842

To remove the film tax credit expiration date

Accompanied a study order, see H5250

Similar To

H2887

Promoting student loan repayment

Accompanied a study order, see H4894

Similar To

H2932

Relative to charitable donations

Accompanied a study order, see H5043

Similar To

H2979

Establishing the family caregiver tax credit

Accompanied a study order, see H5352

Similar To

H2980

To create an income tax deduction for municipal and school fees

Accompanied a study order, see H5250

Similar To

H2982

To exempt certain veterans from the state tax

Accompanied a study order, see H5250

Similar To

H5247

Revenue

No further action taken

Replaced by

S1842

To support voluntary income tax assistance sites and expand access to the earned income tax credit

Accompanied a new draft, see H4997

Similar To

S1852

Providing a guaranteed minimum income to all Massachusetts families

Accompanied a new draft, see H4997

Similar To

S1858

Promoting student loan repayment

Accompanied a study order, see H4894

Similar To

S1912

To make childcare and preschool more affordable for working families

Accompanied S1878

Similar To

S1916

Authorizing the establishment of a mean tested senior citizen property tax exemption

Accompanied H2915

Similar To

S1930

Supporting job growth in the Commonwealth

Accompanied a study order, see H5250

Similar To

S1980

Relative to the Massachusetts Maritime Commercial Development tax credit

Accompanied a study order, see H5248

Similar To

S1983

Relative to the film tax credit

Accompanied a study order, see H5250

Similar To

Proposal for a legislative amendment to the Constitution to provide resources for education and transportation through an additional tax on incomes in excess of one million dollars

Amendment again agreed to - see Senate Roll Call #48 and House Roll Call #38 (Yeas 159 to Nays 41)

Similar To

S788

To establish the family caregiver tax credit

Accompanied a study order, see H5352

Similar To

S884

To reduce the financial barriers to renting homes

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

Similar To

Bill > S1818

MA S1818

summary

Introduced Session

Bill Summary

AI Summary

Committee Categories

Sponsors (1)

Last Action

Official Document

bill text

bill summary

bill summary

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