BillTrack50 logo
Free Signup Login
Bill

Bill > S1807

MA S1807

MA S1807
Relative to the small commercial tax exemption

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 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)

Bill Topics

Banking, Finance, and Domestic Commerce
  • ‐ Small Business
Macroeconomics
  • ‐ Taxation, Tax Policy, and Tax Reform
(2 Companion Bills)

bill text

bill summary

Loading...

bill summary

Loading...

bill summary

Document Type Source Location Created
State Bill Page https://malegislature.gov/Bills/193/S1807 03/11/2023
BillText https://malegislature.gov/Bills/193/S1807.pdf 03/11/2023
Loading...