Bill

Bill > H1514


MA H1514

Relative to promoting the commonwealth tax incentive


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 require the Department of Revenue to study revenue losses incurred by establishing income tax deductions in gaming facilities. Revenue.

AI Summary

This bill requires the Department of Revenue to study the tax revenue loss incurred by establishing an income tax deduction for gambling losses, similar to the deduction described in the federal tax code, in gaming facilities located in Massachusetts. The department is required to report its findings and recommendations, along with proposed legislation, to the state legislature by June 1, 2018.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Accompanied a study order, see H4244 (on 02/22/2018)

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