summary
Introduced
03/21/2016
03/21/2016
In Committee
05/19/2016
05/19/2016
Crossed Over
Passed
Dead
07/31/2016
07/31/2016
Introduced Session
189th General Court
Bill Summary
For legislation relative to commuter transit benefits. Revenue.
AI Summary
This bill amends Section 1 of Chapter 62 of the General Laws, which deals with income tax, by adding references to specific subsections within section 132 of the tax code. These subsections, namely 132(f)(1)(D), 132(f)(2)(A), and 132(f)(2)(C), are generally related to the tax treatment of fringe benefits, including commuter transit benefits. By inserting these references, the bill likely aims to clarify or modify how commuter transit benefits are treated for tax purposes, potentially making them more favorable or aligning them with federal guidelines, though the specific impact requires examining the referenced subsections of section 132.
Committee Categories
Budget and Finance
Sponsors (2)
Last Action
Bill reported favorably by committee and referred to the committee on House Ways and Means (on 05/19/2016)
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/S2217 |
| Bill | https://malegislature.gov/Bills/189/S2217.pdf |
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