summary
Introduced
04/15/2015
04/15/2015
In Committee
04/15/2015
04/15/2015
Crossed Over
Passed
Dead
07/31/2016
07/31/2016
Introduced Session
189th General Court
Bill Summary
For legislation to promote business growth. Revenue.
AI Summary
This bill proposes to amend Section 68C of Chapter 63 of the General Laws, which deals with revenue, by adding a new subsection that would exempt business corporations, as defined in Section 30, from certain provisions for the first five years after they are organized and establish a physical presence within the Commonwealth. This exemption is intended to promote business growth by reducing the immediate financial burden on new companies.
Committee Categories
Budget and Finance
Sponsors (3)
Last Action
Accompanied a study order, see S2290 (on 05/12/2016)
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/Senate/S1560 |
| State Bill Page | https://malegislature.gov/Bills/189/S1560 |
| Bill | https://malegislature.gov/Bills/189/S1560.pdf |
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