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 tax withholding for individual retirement accounts. Revenue.
AI Summary
This bill amends Chapter 62 of the General Laws to allow individuals who receive payments or distributions from an individual retirement account (IRA) to choose the amount of income taxes to be withheld from such payments or distributions, regardless of whether the payment is subject to federal withholding. The individual must file a form specifying the desired withholding amount with the payer of the IRA and the state commissioner.
Committee Categories
Budget and Finance
Sponsors (2)
Last Action
Accompanied a study order, see H4244 (on 02/22/2018)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://malegislature.gov/Bills/190/H2648 |
| Bill | https://malegislature.gov/Bills/190/H2648.pdf |
Loading...