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 taxable income from contributory annuity, pension, endowment or retirement funds. Revenue.
AI Summary
This bill proposes to amend Section 2 of Chapter 62 of the General Laws by striking out the word "Income" and inserting the phrase "The first $100,000 of income" in line 42. This change would exempt the first $100,000 of pension, annuity, endowment, or retirement fund income from being considered taxable income under Massachusetts law.
Committee Categories
Budget and Finance
Sponsors (1)
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/H3345 |
Bill | https://malegislature.gov/Bills/190/H3345.pdf |
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