SENATE DOCKET, NO. 644 FILED ON: 1/19/2011 SENATE . . . . . . . . . . . . . . No. 1536 The Commonwealth of Massachusetts _________________ PRESENTED BY: Bruce E. Tarr _______________ 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 passage of the accompanying: An Act relative to expanding the investment tax credit.. _______________ PETITION OF: Name: | District/Address: | Bruce E. Tarr |
[District]
| Michael R. Knapik |
[District]
| Robert L. Hedlund |
[District]
| Richard J. Ross | Norfolk, Bristol, and Middlesex | Richard T. Moore |
[District]
|
SENATE DOCKET, NO. 644 FILED ON: 1/19/2011 SENATE . . . . . . . . . . . . . . No. 1536 By Mr. Tarr, a petition (accompanied by bill, Senate, No. 1536) of Bruce E. Tarr, Michael R. Knapik, Robert L. Hedlund, Richard J. Ross and others for legislation to expand the investment tax credit. Revenue. |
[SIMILAR MATTER FILED IN PREVIOUS SESSION
SEE
SENATE
, NO. 1364 OF 2009-2010.]
The Commonwealth of Massachusetts
An Act relative to expanding the investment tax credit..
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. Section 38C of chapter 63, as amended by section 27 of chapter 163 of the acts of 2005 is hereby amended by striking the following: - “provided however, that a corporation that qualifies as a domestic research and development corporation only by reason of its expenditures shall not be entitled to the credit provided in section 31A by virtue of its qualification as a domestic research and development corporation.” |
