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 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)
Pete Capano (D)*,
James Arena-Derosa (D),
Michael Brady (D),
Dan Cahill (D),
Mike Connolly (D),
Manny Cruz (D),
Marjorie Decker (D),
Dan Donahue (D),
Michelle DuBois (D),
Jamie Eldridge (D),
Rodney Elliott (D),
Carmine Gentile (D),
Jim Hawkins (D),
Natalie Higgins (D),
Vanna Howard (D),
David LeBoeuf (D),
Rita Mendes (D),
Sam Montaño (D),
Brian Murray (D),
Steve Owens (D),
Becca Rausch (D),
Lindsay Sabadosa (D),
Dan Sena (D),
Erika Uyterhoeven (D),
Last Action
Accompanied a study order, see H4720 (on 06/12/2024)
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/H2725 |
BillText | https://malegislature.gov/Bills/193/H2725.pdf |
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