MA S1884

Bill

MA S1884

Relative to the estate tax

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 relative to the estate tax. Revenue.

AI Summary

This bill proposes changes to the estate tax in Massachusetts. Specifically, it states that if the value of the decedent's (the person who died) taxable estate is over $20 million, the tax owed to the state will be $2,676,400 plus 19% of the excess over $20 million. Additionally, the bill introduces a credit of $35,000 for estates valued between $1 million and $1.05 million, which is reduced by 70 cents for every $1 the estate exceeds $1 million.

Committee Categories

Budget and Finance

Sponsors (1)

Pat Jehlen (D)*,

Last Action

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

Official Document

https://malegislature.gov/Bills/192/S1884

(35 Companion Bills)

Version:

Document Type	Source Location
State Bill Page	https://malegislature.gov/Bills/192/S1884
Bill	https://malegislature.gov/Bills/192/S1884.pdf

Bill	Bill Name	Last Action	Type
H2815	Amending the tax deduction for medical, dental and other expenses	Accompanied a study order, see H5043	Similar To
H2859	Creating a protective facial covering sales tax exemption	Accompanied a study order, see H5043	Similar To
H2881	Relative to the Massachusetts estate tax code	Accompanied a new draft, see H4997	Similar To
H2921	Relative to tax abatement for permanently disabled veterans	No further action taken	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
H2979	Establishing the family caregiver tax credit	Accompanied a study order, see H5352	Similar To
H3766	Authorizing the city of Melrose to establish a means tested senior citizen property tax exemption	Signed by the Governor, Chapter 100 of the Acts of 2022	Similar To
H3767	Authorizing the city of Melrose to regulate certain property tax exemption eligibility requirements for the elderly	Signed by the Governor, Chapter 390 of the Acts of 2022	Similar To
H3901	Authorizing the town of Mendon to establish a means-tested senior citizen property tax exemption	Signed by the Governor, Chapter 241 of the Acts of 2022	Similar To
H3989	To give the town of Leicester authority to grant full annual property tax exemptions to the surviving spouse of Rutland Police Detective and Leicester resident John D. Songy	Signed by the Governor, Chapter 225 of the Acts of 2022	Similar To
H4008	Repealing certain tax expenditures	Chapter 68 of the Acts of 2021	Similar To
H4049	Message from His Excellency the Governor returning with his objections thereto in writing the engrossed Bill repealing certain tax expenditures (see House, No. 4008). August 3, 2021	See H4008	Similar To
H4107	Authorizing the town of Lincoln to establish a means tested senior citizen property tax exemption program	Read second and ordered to a third reading	Similar To
H4866	Resolutions designating August 13th and 14th, 2022 as the sales tax holiday	Adopted	Similar To
H4997	To improve Massachusetts' competitiveness and reduce the cost of living	No further action taken	Replaced by
S1807	Relative to excise tax repayments	No further action taken	Similar To
S1808	Providing tax relief to seniors while creating affordable housing	Bill reported favorably by committee and referred to the committee on Senate Ways and Means	Similar To
S1811	To invest in our communities	Accompanied a study order, see H5247	Similar To
S1813	Improving the fairness of our tax laws	Accompanied a study order, see H5247	Similar To
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
S1847	Relative to Massachusetts estate tax exemption parity	Accompanied a new draft, see H4997	Similar To
S1856	Stimulating small business investment	Accompanied a study order, see H5250	Similar To
S1858	Promoting student loan repayment	Accompanied a study order, see H4894	Similar To
S1911	Relative to the Massachusetts estate tax code	Accompanied a new draft, see H4997	Similar To
S1912	To make childcare and preschool more affordable for working families	Accompanied S1878	Similar To
S1914	To promote healthy alternatives to sugary drinks	Accompanied a study order, see H5250	Similar To
S1915	To eliminate the tax deduction for direct-to-consumer pharmaceutical marketing	Accompanied a study order, see H5250	Similar To
S1929	Establishing a college tuition tax deduction	Accompanied a study order, see H4894	Similar To
S1930	Supporting job growth in the Commonwealth	Accompanied a study order, see H5250	Similar To
S1932	Improving the tax administrative laws of the Commonwealth	Accompanied a study order, see S2743	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
S2512	Authorizing the town of Andover to establish a means tested senior citizen property tax exemption	Signed by the Governor, Chapter 210 of the Acts of 2022	Similar To
S2526	Relative to raising the income threshold for senior real property tax deferments in the town of Milton	Signed by the Governor, Chapter 71 of the Acts of 2022	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
S954	Encouraging the donation of food to persons in need	Accompanied H1702	Similar To

Bill

Bill Name

Last Action

Type

H2815

Amending the tax deduction for medical, dental and other expenses

Accompanied a study order, see H5043

Similar To

H2859

Creating a protective facial covering sales tax exemption

Accompanied a study order, see H5043

Similar To

H2881

Relative to the Massachusetts estate tax code

Accompanied a new draft, see H4997

Similar To

H2921

Relative to tax abatement for permanently disabled veterans

No further action taken

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

H2979

Establishing the family caregiver tax credit

Accompanied a study order, see H5352

Similar To

H3766

Authorizing the city of Melrose to establish a means tested senior citizen property tax exemption

Signed by the Governor, Chapter 100 of the Acts of 2022

Similar To

H3767

Authorizing the city of Melrose to regulate certain property tax exemption eligibility requirements for the elderly

Signed by the Governor, Chapter 390 of the Acts of 2022

Similar To

H3901

Authorizing the town of Mendon to establish a means-tested senior citizen property tax exemption

Signed by the Governor, Chapter 241 of the Acts of 2022

Similar To

H3989

To give the town of Leicester authority to grant full annual property tax exemptions to the surviving spouse of Rutland Police Detective and Leicester resident John D. Songy

Signed by the Governor, Chapter 225 of the Acts of 2022

Similar To

H4008

Repealing certain tax expenditures

Chapter 68 of the Acts of 2021

Similar To

H4049

Message from His Excellency the Governor returning with his objections thereto in writing the engrossed Bill repealing certain tax expenditures (see House, No. 4008). August 3, 2021

See H4008

Similar To

H4107

Authorizing the town of Lincoln to establish a means tested senior citizen property tax exemption program

Read second and ordered to a third reading

Similar To

H4866

Resolutions designating August 13th and 14th, 2022 as the sales tax holiday

Adopted

Similar To

H4997

To improve Massachusetts' competitiveness and reduce the cost of living

No further action taken

Replaced by

S1807

Relative to excise tax repayments

No further action taken

Similar To

S1808

Providing tax relief to seniors while creating affordable housing

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

Similar To

S1811

To invest in our communities

Accompanied a study order, see H5247

Similar To

S1813

Improving the fairness of our tax laws

Accompanied a study order, see H5247

Similar To

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

S1847

Relative to Massachusetts estate tax exemption parity

Accompanied a new draft, see H4997

Similar To

S1856

Stimulating small business investment

Accompanied a study order, see H5250

Similar To

S1858

Promoting student loan repayment

Accompanied a study order, see H4894

Similar To

S1911

Relative to the Massachusetts estate tax code

Accompanied a new draft, see H4997

Similar To

S1912

To make childcare and preschool more affordable for working families

Accompanied S1878

Similar To

S1914

To promote healthy alternatives to sugary drinks

Accompanied a study order, see H5250

Similar To

S1915

To eliminate the tax deduction for direct-to-consumer pharmaceutical marketing

Accompanied a study order, see H5250

Similar To

S1929

Establishing a college tuition tax deduction

Accompanied a study order, see H4894

Similar To

S1930

Supporting job growth in the Commonwealth

Accompanied a study order, see H5250

Similar To

S1932

Improving the tax administrative laws of the Commonwealth

Accompanied a study order, see S2743

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

S2512

Authorizing the town of Andover to establish a means tested senior citizen property tax exemption

Signed by the Governor, Chapter 210 of the Acts of 2022

Similar To

S2526

Relative to raising the income threshold for senior real property tax deferments in the town of Milton

Signed by the Governor, Chapter 71 of the Acts of 2022

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

S954

Encouraging the donation of food to persons in need

Accompanied H1702

Similar To

Bill > S1884

summary

Introduced Session

Bill Summary

AI Summary

Committee Categories

Sponsors (1)

Last Action

Official Document

bill text

bill summary

bill summary

bill summary