MA S1640

Bill

Relative to corporate excise tax reform

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 corporate excise tax reform. Revenue.

AI Summary

This bill amends Chapter 63 of the Massachusetts General Laws to provide a non-transferrable tax credit against the corporate excise tax for corporations formed under Chapter 156D. The credit is only available for the first three years the corporation is required to file a return, and it is not allowed for corporations with 50% or more of their voting stock owned by another corporation, whether or not the owning corporation is taxable in the Commonwealth.

Committee Categories

Budget and Finance

Sponsors (3)

David DeCoste (R), Richard Ross (R), Bruce Tarr (R),

Last Action

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

Official Document

https://malegislature.gov/Bills/190/S1640

(12 Companion Bills)

Version:

Document Type	Source Location
State Bill Page	https://malegislature.gov/Bills/190/S1640
Bill	https://malegislature.gov/Bills/190/S1640.pdf

Bill	Bill Name	Last Action	Type
H1482	Relative to the schedule of payment of estimated corporate taxes	Accompanied a new draft, see H3665	Similar To
H2565	Relative to pension reform	Accompanied a study order, see H4654	Similar To
H367	Relative to campaign finance reform	Accompanied a study order, see H4252	Similar To
S1342	Relative to voluntary towing reform	New draft substituted, see S2354	Similar To
S2175	Reforming agricultural preservation restrictions	Bill reported favorably by committee and referred to the committee on Senate Ways and Means	Similar To
S2185	Relative to criminal justice reform	Reprinted as amended, see S2200	Similar To
S2354	Relative to voluntary towing reform	No further action taken	Similar To
S2497	Order relative to authorizing the joint committee on Revenue to make an investigation and study of certain current Senate documents relative to revenue matters	Reported (in part) by S1507	Replaced by
S388	For political party endorsement reform	Accompanied a study order, see S2399	Similar To
S391	For Primary Election Reform	Accompanied a study order, see S2399	Similar To
S678	Reforming the John and Abigail Adams Scholarship	Accompanied a new draft, see S2468	Similar To
S728	For Chapter 40B reform and improvement	Accompanied a study order, see S2404	Similar To

Bill

Bill Name

Last Action

Type

H1482

Relative to the schedule of payment of estimated corporate taxes

Accompanied a new draft, see H3665

Similar To

H2565

Relative to pension reform

Accompanied a study order, see H4654

Similar To

H367

Relative to campaign finance reform

Accompanied a study order, see H4252

Similar To

S1342

Relative to voluntary towing reform

New draft substituted, see S2354

Similar To

S2175

Reforming agricultural preservation restrictions

Bill reported favorably by committee and referred to the committee on Senate Ways and Means

Similar To

S2185

Relative to criminal justice reform

Reprinted as amended, see S2200

Similar To

S2354

Relative to voluntary towing reform

No further action taken

Similar To

S2497

Order relative to authorizing the joint committee on Revenue to make an investigation and study of certain current Senate documents relative to revenue matters

Reported (in part) by S1507

Replaced by

S388

For political party endorsement reform

Accompanied a study order, see S2399

Similar To

S391

For Primary Election Reform

Accompanied a study order, see S2399

Similar To

S678

Reforming the John and Abigail Adams Scholarship

Accompanied a new draft, see S2468

Similar To

S728

For Chapter 40B reform and improvement

Accompanied a study order, see S2404

Similar To

Bill > S1640

MA S1640

summary

Introduced Session

Bill Summary

AI Summary

Committee Categories

Sponsors (3)

Last Action

Official Document

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bill summary

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