HOUSE DOCKET, NO. 3765 FILED ON: 1/20/2023
HOUSE . . . . . . . . . . . . . . . No. 2719
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The Commonwealth of Massachusetts
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PRESENTED BY:
Nicholas A. Boldyga
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To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General
Court assembled:
The undersigned legislators and/or citizens respectfully petition for the adoption of the accompanying bill:
An Act to reduce the short-term capital gains tax.
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PETITION OF:
Name: | District/Address: | Date Added: |
Nicholas A. Boldyga | 3rd Hampden | 1/19/2023 |
HOUSE DOCKET, NO. 3765 FILED ON: 1/20/2023
HOUSE . . . . . . . . . . . . . . . No. 2719
By Representative Boldyga of Southwick, a petition (accompanied by bill, House, No. 2719) of Nicholas A. Boldyga for legislation to reduce the short-term capital gains tax. Revenue. |
The Commonwealth of Massachusetts
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In the One Hundred and Ninety-Third General Court
(2023-2024)
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An Act to reduce the short-term capital gains tax.
Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:
SECTION 1. Notwithstanding any laws to the contrary, taxable income consisting of short-term capital gains, as defined in Section 1 of Chapter 62 of the General Laws, shall be taxed at the rate of 5 percent.