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 relative to the small commercial tax exemption. Revenue.
AI Summary
This bill amends Section 5I of Chapter 59 of the General Laws to increase the small commercial tax exemption from $1 million to $2 million. This change would provide tax relief to small businesses by exempting a larger portion of the assessed value of their commercial properties from taxation.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Accompanied a study order, see S2656 (on 02/15/2024)
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/S1807 |
| BillText | https://malegislature.gov/Bills/193/S1807.pdf |
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