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
Relative to the rate of taxation on income. Revenue.
AI Summary
This bill proposes to lower the tax rate on Part B taxable income, as defined in Chapter 62 of the General Laws, to 5% if a proposed constitutional amendment to impose an additional tax on incomes over $1 million is approved by the General Court and the people. The amendment was previously approved by the 189th General Court and is expected to be on the ballot for the 2018 biennial state election.
Committee Categories
Budget and Finance
Sponsors (11)
Nick Boldyga (R),
Angelo D'Emilia (R),
David DeCoste (R),
Paul Frost (R),
Susan Gifford (R),
Sheila Harrington (R),
Steven Howitt (R),
Brad Jones (R),
Kevin Kuros (R),
Keiko Orrall (R),
Todd Smola (R),
Last Action
Accompanied a study order, see H4244 (on 02/22/2018)
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/H2606 |
| Bill | https://malegislature.gov/Bills/190/H2606.pdf |
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