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Bill > H3363


MA H3363

Relative to revenue, information, and accountability


summary

Introduced
01/23/2017
In Committee
01/23/2017
Crossed Over
Passed
Dead
12/31/2018

Introduced Session

190th General Court

Bill Summary

By Representatives Connolly of Cambridge and Provost of Somerville, a petition of Mike Connolly and others that the Executive Office for Administration and Finance be authorized to provide a summary which reports the total amount of income tax paid to the federal government for the prior year. State Administration and Regulatory Oversight.

AI Summary

This bill authorizes the Secretary for Administration and Finance to provide an annual summary to Massachusetts resident taxpayers by March 15, reporting the total amount of income tax paid to the federal government in the prior year, along with the percentage breakdown of how those funds were allocated in the prior year's Congressional discretionary budget across various spending categories like housing, education, healthcare, and defense. The report will also include the estimated increase or decrease in federal funds being returned to Massachusetts in those categories, and a reminder that Medicare and Social Security are financed through separate trust funds, not income taxes. The Secretary may acquire the required information from a nonpartisan, third-party organization that regularly compiles such data.

Committee Categories

Government Affairs

Sponsors (16)

Last Action

Accompanied a study order, see H4481 (on 05/10/2018)

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