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Bill > H4780


MA H4780

Authorizing the city of Newton to amend the income qualifications for a certain tax deferral program


summary

Introduced
07/18/2018
In Committee
07/18/2018
Crossed Over
Passed
Dead
12/31/2018

Introduced Session

190th General Court

Bill Summary

That the city of Newton be authorized to amend the income qualifications for a certain tax deferral program in said city. Revenue. [Local Approval Received.]

AI Summary

This bill authorizes the city of Newton to amend the income qualifications for a certain tax deferral program. Specifically, it allows the city to adopt a maximum qualifying gross receipts amount of more than $40,000 but not more than the maximum amount determined by the Commissioner of Revenue for the purposes of the state's personal income tax law. This change gives the city of Newton more flexibility in setting the income eligibility criteria for the tax deferral program.

Committee Categories

Budget and Finance

Sponsors (4)

Last Action

Accompanied a new draft, see H4849 (on 07/30/2018)

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