Bill
Bill > H2699
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
For legislation to exempt small charities from the tax on raffle proceeds. Revenue.
AI Summary
This bill proposes to amend the Massachusetts General Laws to exempt small charities from the tax on raffle proceeds over $12,000. The existing law currently imposes a tax on all raffle proceeds, but this bill would raise the exemption threshold to $12,000, meaning charities with raffle proceeds below that amount would no longer be required to pay the tax.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Accompanied a study order, see H4727 (on 06/24/2024)
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/H2699 |
| BillText | https://malegislature.gov/Bills/193/H2699.pdf |
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