summary
Introduced
01/22/2013
01/22/2013
In Committee
01/22/2013
01/22/2013
Crossed Over
Passed
Dead
08/01/2014
08/01/2014
Introduced Session
188th General Court
Bill Summary
For legislation to provide income tax relief during economic prosperity. Revenue.
AI Summary
This bill proposes to amend Massachusetts General Laws Chapter 62, Section 4, Subsection (b), which deals with income tax. Specifically, it aims to reduce the income tax rate from 2.5% to 2% by striking the former figure and inserting the latter. This change is intended to provide income tax relief during periods of economic prosperity, meaning when the economy is doing well and generating more revenue.
Committee Categories
Budget and Finance
Sponsors (3)
Last Action
Accompanied a study order, see S2111 (on 04/24/2014)
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/188/Senate/S1439 |
| Bill | https://malegislature.gov/Bills/188/S1439.pdf |
| BillText | https://malegislature.gov/Bills/PDF?billId=127838&generalCourtId=11 |
| Bill | https://malegislature.gov/Bills/188/S1439 |
| Bill | https://malegislature.gov/Bills/BillHtml/127838?generalCourtId=11 |
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