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
For legislation to provide a tax deduction for charitable donations of food by farmers. Revenue.
AI Summary
This bill provides a tax deduction for charitable donations of food by farmers in the Commonwealth of Massachusetts. It amends the state's tax laws to allow farmers engaged in the trade or business of farming to claim a charitable contribution deduction for donations of food from their farms, even if the deductibility is limited by their prior year's tax rate. The bill also allows farmers to use an alternate cost basis of 25% of the food's fair market value to determine the deduction amount, regardless of inventory or indirect cost accounting requirements. To qualify, the donated food must meet the standards of "apparently wholesome food" under the federal Bill Emerson Good Samaritan Food Donation Act and be donated to a tax-exempt charitable organization in Massachusetts that regularly distributes contributed food to individuals who are ill, needy, or infants.
Committee Categories
Budget and Finance
Sponsors (34)
Donnie Berthiaume (R),
Michael Brady (D),
Kate Campanale (R),
James Cantwell (D),
Josh Cutler (D),
David DeCoste (R),
Dan Donahue (D),
Shawn Dooley (R),
Kim Ferguson (R),
Dylan Fernandes (D),
Ann-Margaret Ferrante (D),
Carole Fiola (D),
Carmine Gentile (D),
Susan Gifford (R),
Anne Gobi (D),
Thomas Golden (D),
Solomon Goldstein-Rose (I),
Steven Howitt (R),
Hannah Kane (R),
Mary Keefe (D),
John Lawn (D),
David Linsky (D),
Keiko Orrall (R),
Marc Pacheco (D),
Sarah Peake (D),
Dave Rogers (D),
Paul Schmid (D),
John Scibak (D),
Alan Silvia (D),
Frank Smizik (D),
Bruce Tarr (R),
Aaron Vega (D),
Chris Walsh (D),
Jon Zlotnik (D),
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/H3348 |
| Bill | https://malegislature.gov/Bills/190/H3348.pdf |
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