Bill

Bill > H2601


MA H2601

MA H2601
Relative to rolling back the income tax


summary

Introduced
01/20/2015
In Committee
01/20/2015
Crossed Over
Passed
Dead
07/31/2016

Introduced Session

189th General Court

Bill Summary

For legislation to reduce the income tax to five percent. Revenue.

AI Summary

This bill proposes to reduce the state's income tax rate from 5.3 percent to a flat 5 percent. The change would be made to Section 4 of Chapter 62 of the General Laws, which governs income tax. This means that individuals and businesses would pay a lower percentage of their income in taxes to the state.

Committee Categories

Budget and Finance

Sponsors (3)

Last Action

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

bill text


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