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 relative to contributions to 401(k) by self-employed persons. Revenue.
AI Summary
This bill repeals a specific provision within Chapter 62 of the General Laws, which relates to revenue and likely governed certain aspects of contributions to 401(k) plans by self-employed individuals. By removing this section, the bill aims to change the existing tax treatment or rules surrounding these retirement savings for self-employed persons, though the exact nature of the change is not detailed without the content of the repealed section. The bill also specifies that it will become effective immediately upon its passage.
Committee Categories
Budget and Finance
Sponsors (1)
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/S1347 |
| Bill | https://malegislature.gov/Bills/188/S1347.pdf |
| BillText | https://malegislature.gov/Bills/PDF?billId=125140&generalCourtId=11 |
| Bill | https://malegislature.gov/Bills/188/S1347 |
| Bill | https://malegislature.gov/Bills/BillHtml/125140?generalCourtId=11 |
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