summary
Introduced
03/29/2021
03/29/2021
In Committee
04/07/2022
04/07/2022
Crossed Over
Passed
Dead
12/31/2022
12/31/2022
Introduced Session
192nd General Court
Bill Summary
Relative to providing for income tax rental deductions to certain resident shareholders of housing cooperatives. Revenue.
AI Summary
This bill provides for income tax rental deductions to certain resident shareholders of housing cooperatives. Specifically, it amends the existing state law to allow a deduction for resident shareholders of housing cooperatives organized under chapters 156B or 157 of the Massachusetts General Laws, provided that they have resided in their cooperative unit throughout the tax year and have not claimed a deduction for real estate taxes or mortgage interest on their federal income tax return.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
No further action taken (on 01/03/2023)
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/192/H2987 |
| Bill | https://malegislature.gov/Bills/192/H2987.pdf |
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