MA H2573

Bill

MA H2573

Relative to a three year corporate minimum tax exemption

Introduced
01/20/2015

In Committee
01/20/2015

Crossed Over

Passed

Dead
07/31/2016

Introduced Session

189th General Court

Bill Summary

Relative to a three year corporate minimum tax exemption. Revenue.

AI Summary

This bill proposes to exempt certain business corporations organized in Massachusetts from paying the minimum excise tax for their first three years after incorporation, provided their tax years began on or after January 1, 2015. The minimum excise tax is a baseline tax that corporations must pay even if their calculated tax liability is lower, and this exemption would apply to the provisions outlined in specific sections of chapter 63 of the General Laws.

Committee Categories

Budget and Finance

Sponsors (3)

James Kelcourse (R)*, Keiko Orrall (R), Elizabeth Poirier (R),

Last Action

Accompanied a study order, see H4639 (on 09/26/2016)

Official Document

https://malegislature.gov/Bills/189/House/H2573

(5 Companion Bills)

Version:

Document Type	Source Location
State Bill Page	https://malegislature.gov/Bills/189/House/H2573
State Bill Page	https://malegislature.gov/Bills/189/H2573
Bill	https://malegislature.gov/Bills/189/H2573.pdf

Bill	Bill Name	Last Action	Type
H419	Relative to special education funding	Accompanied a new draft, see H4141	Similar To
H420	Relative to special education transportation funding reform	Accompanied a new draft, see H4141	Similar To
H421	Relative to out of district placements	Accompanied a study order, see H4298	Similar To
H4482	Renaming a certain bridge over the Merrimack River on Interstate 95	Senate concurred	Similar To
H4639	Revenue	Discharged to the committee on House Rules	Replaced by

Bill > H2573

summary

Introduced Session

Bill Summary

AI Summary

Committee Categories

Sponsors (3)

Last Action

Official Document

bill text

bill summary

bill summary

bill summary