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Bill > H2842


MA H2842

MA H2842
Relative to the corporate minimum excise tax


summary

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

Introduced Session

193rd General Court

Bill Summary

Relative to the corporate minimum excise tax. Revenue.

AI Summary

This bill proposes to amend the corporate minimum excise tax in Massachusetts. Specifically, it removes the provision that the excise tax cannot be less than $456, allowing the tax to be lower than that amount. The bill also repeals the previous changes made in Sections 1 through 3, with Section 4 taking effect one year after the passage of this act.

Committee Categories

Budget and Finance

Sponsors (7)

Last Action

Accompanied a study order, see H4720 (on 06/12/2024)

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/H2842
BillText https://malegislature.gov/Bills/193/H2842.pdf
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