Bill

Bill > H2725


MA H2725

Requiring public disclosures by publicly-traded corporate taxpayers


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 requiring public disclosures by publicly-traded corporate taxpayers. Revenue.

AI Summary

This bill aims to require publicly-traded corporate taxpayers to make public disclosures. Specifically, it removes the provision that allows the state secretary to expunge the names and addresses of taxpayers from the reports required under Section 83 of Chapter 62C of the Massachusetts General Laws. The bill also requires the state secretary to make all the information contained in these reports publicly available in a searchable database accessible through the internet, and to provide copies of the database and individual reports upon request, with charges to cover the state's costs. The bill ensures that no report for a particular tax year will be publicly available until the first day of the third calendar year following that tax year, providing a delay before the information is made public.

Committee Categories

Budget and Finance

Sponsors (24)

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/H2725
BillText https://malegislature.gov/Bills/193/H2725.pdf
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