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SENATE DOCKET, NO. 1418 FILED ON: 1/18/2013 SENATE . . . . . . . . . . . . . . No. 1387
The Commonwealth of Massachusetts _________________ PRESENTED BY: Richard T. Moore _______________ To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General The undersigned legislators and/or citizens respectfully petition for the passage of the accompanying: An Act to promote business growth. _______________ PETITION OF:
SENATE DOCKET, NO. 1418 FILED ON: 1/18/2013 SENATE . . . . . . . . . . . . . . No. 1387
[SIMILAR MATTER FILED IN PREVIOUS SESSION
An Act to promote business growth. 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 68C of chapter 63 of the General Laws, as appearing in the 2010 Official Edition, is hereby amended by adding the following subsection:-- (11) a business corporation, as defined in section 30, shall be exempt within the first five years after its organization and establishment of a physical presence within the commonwealth. |
