summary
Introduced
01/20/2015
01/20/2015
In Committee
01/20/2015
01/20/2015
Crossed Over
Passed
Dead
07/31/2016
07/31/2016
Introduced Session
189th General Court
Bill Summary
For legislation to provide a certain income tax exemption for elderly persons. Revenue.
AI Summary
This bill proposes to amend Section 3 of Chapter 62 of the General Laws, which pertains to income tax. Specifically, it seeks to increase the amount of income that senior citizens can exempt from taxation. Currently, the law allows for an exemption of "seven hundred dollars," but this bill would change that figure to $1,500, meaning elderly individuals would be able to exclude an additional $800 of their income from state income tax. This change is intended to provide further financial relief to senior citizens.
Committee Categories
Budget and Finance
Sponsors (3)
Last Action
Accompanied a study order, see H4639 (on 09/26/2016)
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/189/House/H2508 |
| State Bill Page | https://malegislature.gov/Bills/189/H2508 |
| Bill | https://malegislature.gov/Bills/189/H2508.pdf |
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