Bill

Bill > S1633


MA S1633

To promote business growth


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 promote business growth. Revenue.

AI Summary

This bill aims to promote business growth by amending Section 68C of Chapter 63 of the General Laws. The key provision of the bill is that a business corporation, as defined in Section 30, will be exempt from taxation within the first five years after its organization and establishment of a physical presence within the Commonwealth of Massachusetts.

Committee Categories

Budget and Finance

Sponsors (2)

Last Action

Accompanied a study order, see S2497 (on 04/30/2018)

bill text


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