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Bill > H2619


MA H2619

Relative to rolling back the income tax


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 reduce the income tax to five percent. Revenue.

AI Summary

This bill aims to reduce the state's income tax rate from 5.3% to 5%. The key provision of the bill is to amend the existing law in Chapter 62 of the General Laws to change the income tax rate from 5.3% to 5% in the first two lines of subsection (b). This change would reduce the income tax burden for taxpayers in the state.

Committee Categories

Budget and Finance

Sponsors (4)

Last Action

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

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