MA S1594

Bill

MA S1594

To provide income tax relief during economic prosperity

Introduced
04/15/2015

In Committee
04/15/2015

Crossed Over

Passed

Dead
07/31/2016

Introduced Session

189th General Court

Bill Summary

For legislation to provide income tax relief during economic prosperity. Revenue.

AI Summary

This bill proposes to reduce the income tax rate from 2.5% to 2% for individuals in Massachusetts, as outlined in Section 4(b) of Chapter 62 of the General Laws. This change is intended to provide income tax relief during periods of economic prosperity, meaning when the economy is performing well and generating significant revenue.

Committee Categories

Budget and Finance

Sponsors (1)

Bruce Tarr (R)*,

Last Action

Accompanied a study order, see S2290 (on 05/12/2016)

Official Document

https://malegislature.gov/Bills/189/Senate/S1594

(7 Companion Bills)

Version:

Document Type	Source Location
State Bill Page	https://malegislature.gov/Bills/189/Senate/S1594
State Bill Page	https://malegislature.gov/Bills/189/S1594
Bill	https://malegislature.gov/Bills/189/S1594.pdf

Bill	Bill Name	Last Action	Type
H2552	Relative to stabilization fund withdrawals	Accompanied a study order, see H4639	Similar To
H2553	Relative to the taxation of rolling stock	Accompanied a study order, see H4639	Similar To
S1439	Relative to post-retirement employment	Accompanied a new draft, see S2158	Similar To
S1447	Providing for local property tax relief	Accompanied a study order, see S2290	Similar To
S1491	To Improve Tax Administration Processes in the Commonwealth	Accompanied a study order, see S2290	Similar To
S1559	Relative to sales tax relief in the aftermath of an emergency	Accompanied a study order, see S2290	Similar To
S2290	Revenue matters	Reported in part by S1494	Replaced by

Bill > S1594

summary

Introduced Session

Bill Summary

AI Summary

Committee Categories

Sponsors (1)

Last Action

Official Document

bill text

bill summary

bill summary

bill summary