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May 31, 2024 Clouds | 61°F
The 193rd General Court of the Commonwealth of Massachusetts

Bill H.2967 192nd (2021 - 2022)

An Act allowing for the deduction of business interest

By Mrs. Kane of Shrewsbury, a petition (accompanied by bill, House, No. 2967) of Hannah Kane and others relative to allowing for certain tax deductions of business interest. Revenue.

Bill Information

Presenter:
Hannah Kane
Status:
Referred to House Committee on Ways and Means

Emergency Preamble

Whereas, The deferred operation of this act would tend to defeat its purpose, which is to decouple from certain provisions of the federal Tax Cuts and Jobs Act that took effect for tax years beginning after December 31, 2017, therefore it is hereby declared to be an emergency law, necessary for the immediate preservation of the public convenience.

Petitioners

Name District/Address
Hannah Kane 11th Worcester
David F. DeCoste 5th Plymouth
Joseph D. McKenna 18th Worcester
David K. Muradian, Jr. 9th Worcester
Mathew J. Muratore 1st Plymouth

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