summary
Introduced
02/16/2023
02/16/2023
In Committee
02/16/2023
02/16/2023
Crossed Over
Passed
Dead
12/31/2024
12/31/2024
Introduced Session
193rd General Court
Bill Summary
For legislation to increase the commuter tax deduction to reflect rising costs. Revenue.
AI Summary
This bill aims to increase the commuter tax deduction to reflect rising costs. The key provisions are: 1) Increasing the deduction threshold from $150 to $1,000 for single filers and heads of households, and from $150 to $1,000 for each individual in a married couple filing jointly; 2) Allowing individuals purchasing weekly or monthly commuter rail passes to deduct an additional 10% of their yearly costs, up to $500 per individual; and 3) Requiring the Commissioner of Revenue to adopt regulations necessary for implementing the act.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Accompanied a study order, see H4736 (on 09/09/2024)
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/193/S1878 |
| BillText | https://malegislature.gov/Bills/193/S1878.pdf |
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