Bill

Bill > S1482


MA S1482

MA S1482
Relative to certain endowment funds in private institutions of higher learning


summary

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 relative to certain endowment funds in private institutions of higher learning. Revenue.

AI Summary

This bill, concerning certain endowment funds in private institutions of higher learning, will not become effective until the department of revenue, which is the state agency responsible for collecting taxes, completes and submits a comprehensive study to the clerk of the house of representatives. This study must detail the bill's potential impact on the state's economy and the financial costs to the commonwealth and its cities and towns, including how different income levels of taxpayers would be affected, what other states are doing regarding similar policies, any expected changes in employment, and related economic activities.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

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

bill text


bill summary

Loading...

bill summary

Loading...
Loading...