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
Relative to the tax deduction for rental payments. Revenue.
AI Summary
This bill proposes to amend the Massachusetts tax code to provide a tax deduction for rent payments for individuals and families whose household income does not exceed 100% of the area median income. The deduction would be equal to 50% of the rent paid, up to a maximum of $4,100 for a single person, head of household, or married couple, with the deduction limit adjusted annually for cost-of-living changes. The bill also directs the state tax commissioner to adopt regulations necessary for the implementation of this new rental deduction.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Accompanied a study order, see H4725 (on 06/17/2024)
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/H2830 |
| BillText | https://malegislature.gov/Bills/193/H2830.pdf |
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