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Bill > S1580


MA S1580

Relative to the filing of annual returns by small public charities


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 filing of annual returns by small public charities. Revenue.

AI Summary

This bill proposes to align state requirements for the filing of annual returns by small public charities with federal Internal Revenue Service (IRS) rules and regulations. Specifically, it would exempt charitable organizations with gross receipts of $50,000 or less from the requirement to file a federal Form 990-EZ with their annual report to the Attorney General's office, allowing them to comply with the less burdensome federal rules for small tax-exempt organizations instead.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

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

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