Bill > H2529

This bill proposes a constitutional amendment to allow for a graduated income tax, meaning that income could be taxed at different rates depending on the amount earned, rather than a single uniform rate. Currently, the Massachusetts Constitution, specifically Article XLIV, requires income tax to be levied at a uniform rate. This amendment would change that by striking out the existing language and inserting new provisions that permit the state's legislature (referred to as the "general court") to establish graduated tax rates, potentially varying based on different types of income or property, and to set reasonable exemptions, abatements (reductions in tax liability), and tax brackets. This change would require approval by a majority of legislators in two consecutive legislative sessions and then by voters in a statewide election.