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 for a grade improvement tax credit. Revenue.
AI Summary
This bill proposes to create a Grade Improvement Tax Credit (GITC) in Massachusetts. The key provisions are:
1. The GITC would provide a tax credit of $750 to $2,200 to individuals who help others improve their academic grade level by at least one grade. The credit amount can be adjusted over time based on inflation and regulations set by the Massachusetts Department of Education.
2. The Department of Education will establish standards for approving individuals who wish to assist others in improving their grade level.
3. Detailed records of the program's results will be kept and regularly analyzed to measure its effectiveness and make necessary adjustments.
The intent of the bill is to encourage competent volunteers to help individuals who desire to continue improving their knowledge and skills, by facilitating the connection between them and providing a tax incentive for the volunteers.
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/S1871 |
| BillText | https://malegislature.gov/Bills/193/S1871.pdf |
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