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MA S1945

MA S1945
Relative to increasing the rental deduction


summary

Introduced
02/16/2023
In Committee
02/16/2023
Crossed Over
Passed
Dead
12/31/2024

Introduced Session

193rd General Court

Bill Summary

For legislation relative to increase the rental deduction. Revenue.

AI Summary

This bill proposes to increase the rental deduction from $3,000 to $5,000 in the Massachusetts General Laws. The rental deduction refers to a provision in the state's tax code that allows taxpayers to deduct a certain amount of their rental expenses from their taxable income. Increasing the deduction amount from $3,000 to $5,000 would provide greater tax relief for renters in the state.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Accompanied a study order, see H4736 (on 09/09/2024)

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/193/S1945
BillText https://malegislature.gov/Bills/193/S1945.pdf
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