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MA S1520

MA S1520
Protecting the interests of housing cooperative shareholders


summary

Introduced
01/23/2017
In Committee
01/23/2017
Crossed Over
Passed
Dead
12/31/2018

Introduced Session

190th General Court

Bill Summary

For legislation to protect the interests of housing cooperative shareholders. Revenue.

AI Summary

This bill amends the General Laws of Massachusetts to allow resident shareholders of housing cooperatives organized under Chapters 156B or 157 to claim a deduction for their cooperative unit on their state income tax returns, as long as they have resided in the unit throughout the tax year and have not claimed deductions for real estate taxes or mortgage interest on their federal income tax returns.

Committee Categories

Budget and Finance

Sponsors (3)

Last Action

Accompanied a new draft, see H4211 (on 02/08/2018)

bill text


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