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Bill > H2825


MA H2825

MA H2825
Relative to exemptions for small charities for tax upon raffle proceeds


summary

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 exempt small charities from the tax on raffle proceeds. Revenue.

AI Summary

This bill aims to exempt small charities from the tax on raffle proceeds. Specifically, it proposes to amend the existing state law to exempt charities from paying taxes on raffle proceeds up to $12,000. This change would provide tax relief for smaller charitable organizations that rely on fundraising through raffles.

Committee Categories

Budget and Finance

Sponsors (2)

Last Action

Accompanied a study order, see H5043 (on 08/29/2022)

bill text


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