summary
Introduced
01/23/2017
01/23/2017
In Committee
01/23/2017
01/23/2017
Crossed Over
Passed
Dead
12/31/2018
12/31/2018
Introduced Session
190th General Court
Bill Summary
For legislation to increase the commuter tax deduction to reflect rising costs. Revenue.
AI Summary
This bill proposes to increase the commuter tax deduction to reflect rising costs. Specifically, it would allow individuals to deduct more of their expenses for tolls paid through a Fast Lane account and for weekly or monthly transit passes for Massachusetts Bay Transit Authority transit, bus, commuter rail, or commuter boat. The deduction would apply to the portion of expenses that exceed $150, up to a maximum deduction of $1,000 per individual. Additionally, individuals purchasing commuter rail passes would be able to deduct an extra 10% of their yearly costs, up to an additional $500 deduction. The bill also directs the Commissioner of Revenue to adopt necessary regulations for the implementation of this section.
Committee Categories
Budget and Finance
Sponsors (4)
Last Action
Accompanied a study order, see S2497 (on 04/30/2018)
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/190/S1570 |
| Bill | https://malegislature.gov/Bills/190/S1570.pdf |
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