MA H3978

Bill

MA H3978

To promote sustainable economic development in Massachusetts

Introduced
01/27/2016

In Committee
02/16/2016

Crossed Over

Passed

Dead
07/31/2016

Introduced Session

189th General Court

Bill Summary

Relative to promoting sustainable economic development in Massachusetts (House, No. 3978).

AI Summary

This bill proposes several changes to Massachusetts tax laws, primarily affecting how businesses and film productions are taxed and incentivized. Key provisions include adjusting the percentage of tax credits for motion picture productions, modifying how financial institutions' income is apportioned for tax purposes by changing the weighting of property, payroll, and receipts factors, and altering the sales factor calculation for business corporations to primarily focus on sales. Additionally, the bill repeals certain tax provisions, such as section 6L of chapter 62 and section 32E of chapter 63, and adjusts the expiration date for a previous act related to film production incentives. These changes are designed to promote sustainable economic development by refining tax structures and incentives for various industries.

Committee Categories

Budget and Finance, Business and Industry

Sponsors (0)

No sponsors listed

Last Action

Accompanied a study order, see H4639 (on 09/26/2016)

Official Document

https://malegislature.gov/Bills/189/House/H3978

(12 Companion Bills)

Version:

Document Type	Source Location
State Bill Page	https://malegislature.gov/Bills/189/House/H3978
State Bill Page	https://malegislature.gov/Bills/189/H3978
Bill	https://malegislature.gov/Bills/189/H3978.pdf

Bill	Bill Name	Last Action	Type
H3187	Further providing for the financing of certain improvements to municipal roads and bridges	Signed by the Governor, Chapter 11 of the Acts of 2015	Similar To
H3202	Providing for the terms of bonds issued by the Commonwealth for municipal road and bridge repairs	Referred to the committee on House Bonding, Capital Expenditures and State Assets	Similar To
H3675	Message from His Excellency the Governor returning with his disapproval of certain sections, and also with recommendation of amendment of certain sections contained in the engrossed Bill making appropriations for the fiscal year 2016 for the maintenance of the departments, boards, commissions, institutions and certain activities of the Commonwealth, for interest, sinking fund and serial bond requirements and for certain permanent improvements (see House, No. 3650).	See H3650	Similar To
H4639	Revenue	Discharged to the committee on House Rules	Replaced by
H4755	Message from His Excellency the Governor returning with his objections thereto in writing the engrossed Bill protecting the rights of custodial and other non-teaching employees of school districts (see House, No. 2319, amended).	See H2319	Similar To
H4756	Validating the results of the annual town election held in the town of Becket on May 16, 2015	Signed by the Governor, Chapter 393 of the Acts of 2016	Similar To
H49	Addressing the fiscal year 2015 budget shortfall	Reported, in part, by H52	Similar To
H55	Authorizing the town of Scituate to establish the date of its annual town election	Signed by the Governor, Chapter 13 of the Acts of 2015	Similar To
H59	Validating the actions taken at the annual town and special state elections held in the town of Westborough	Signed by the Governor, Chapter 165 of the Acts of 2015	Similar To
H60	Making appropriations for the fiscal year 2015 to provide for supplementing certain existing appropriations and for certain other activities and projects	Reported, in part, by H3203	Similar To
H61	Providing for an employee retirement incentive program	Accompanied a study order, see H4367	Similar To
S1	Message from His Excellency the Governor relative to the general concerns of the Commonwealth	Placed on file	Similar To

Bill

Bill Name

Last Action

Type

H3187

Further providing for the financing of certain improvements to municipal roads and bridges

Signed by the Governor, Chapter 11 of the Acts of 2015

Similar To

H3202

Providing for the terms of bonds issued by the Commonwealth for municipal road and bridge repairs

Referred to the committee on House Bonding, Capital Expenditures and State Assets

Similar To

H3675

Message from His Excellency the Governor returning with his disapproval of certain sections, and also with recommendation of amendment of certain sections contained in the engrossed Bill making appropriations for the fiscal year 2016 for the maintenance of the departments, boards, commissions, institutions and certain activities of the Commonwealth, for interest, sinking fund and serial bond requirements and for certain permanent improvements (see House, No. 3650).

See H3650

Similar To

H4639

Revenue

Discharged to the committee on House Rules

Replaced by

H4755

Message from His Excellency the Governor returning with his objections thereto in writing the engrossed Bill protecting the rights of custodial and other non-teaching employees of school districts (see House, No. 2319, amended).

See H2319

Similar To

H4756

Validating the results of the annual town election held in the town of Becket on May 16, 2015

Signed by the Governor, Chapter 393 of the Acts of 2016

Similar To

H49

Addressing the fiscal year 2015 budget shortfall

Reported, in part, by H52

Similar To

H55

Authorizing the town of Scituate to establish the date of its annual town election

Signed by the Governor, Chapter 13 of the Acts of 2015

Similar To

H59

Validating the actions taken at the annual town and special state elections held in the town of Westborough

Signed by the Governor, Chapter 165 of the Acts of 2015

Similar To

H60

Making appropriations for the fiscal year 2015 to provide for supplementing certain existing appropriations and for certain other activities and projects

Reported, in part, by H3203

Similar To

H61

Providing for an employee retirement incentive program

Accompanied a study order, see H4367

Similar To

Message from His Excellency the Governor relative to the general concerns of the Commonwealth

Placed on file

Similar To

Bill > H3978

summary

Introduced Session

Bill Summary

AI Summary

Committee Categories

Sponsors (0)

Last Action

Official Document

bill text

bill summary

bill summary

bill summary