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Bill > S1533


MA S1533

Relative to certain endowment funds in private institutions of higher learning


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 relative to certain endowment funds in private institutions of higher learning. Revenue.

AI Summary

This bill proposes to not enact a certain section until the Department of Revenue has conducted a study on the impact of that section on the state's economy and revenue cost to the commonwealth and its cities and towns. The study would include an analysis of the impact on taxpayers of varying income levels, the current practice of other states, any anticipated change in employment, and ancillary economic activity. The findings of the study would then be provided to the clerk of the House of Representatives, who would forward them to the Joint Committee on Revenue.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

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

bill text


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