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 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)
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/S1633 |
Bill | https://malegislature.gov/Bills/190/S1633.pdf |
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