Bill > S2038

This bill proposes to modify the existing tax deduction for commuter expenses in Massachusetts by updating the rules for deducting transit and toll costs. Specifically, the bill allows individuals to deduct expenses related to Massachusetts Bay Transit Authority (MBTA) transit passes, bus passes, commuter rail, and commuter boat passes, as well as Fast Lane tolls, with some important limitations. For single, married filing separately, or head of household filers, the deduction applies only to expenses over $150, with a total maximum deduction of $1,500. For married couples filing jointly, each spouse can deduct expenses over $150, also with a $1,500 individual limit. An additional incentive is included for commuter rail pass purchasers, who can deduct an extra 10% of their yearly costs, up to an additional $500 per individual. The bill also directs the revenue commissioner to create regulations to implement these changes, which appear designed to provide tax relief for commuters and acknowledge the rising costs of transportation. The modifications aim to help offset commuting expenses for Massachusetts residents by expanding the existing tax deduction framework.

Budget and Finance

https://malegislature.gov/Bills/194/S2038