SENATE DOCKET, NO. 826 FILED ON: 1/20/2011
SENATE . . . . . . . . . . . . . . No. 1522
The Commonwealth of Massachusetts
_________________
PRESENTED BY:
Karen E. Spilka
_______________
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 strengthening working families by increasing tax exemptions and dependent care tax credits.
_______________
PETITION OF:
Name: | District/Address: |
Karen E. Spilka |
[District]
|
Robert M. Koczera | 11th Bristol |
James B. Eldridge |
[District]
|
Thomas P. Kennedy |
[District]
|
Kay Khan | 11th Middlesex |
SENATE DOCKET, NO. 826 FILED ON: 1/20/2011
SENATE . . . . . . . . . . . . . . No. 1522
By Ms. Spilka, a petition (accompanied by bill, Senate, No. 1522) of Karen E. Spilka, Robert M. Koczera, James B. Eldridge, Thomas P. Kennedy and others for legislation to strengthen working families by increasing tax exemptions and dependent care tax credits. Revenue. |
The Commonwealth of Massachusetts
An act strengthening working families by increasing tax exemptions and dependent care tax credits.
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. Subparagraph (7) of paragraph (a) of part B of Section 3 of chapter 62 of the General Laws, as appearing in the 2008 Official Edition, is hereby amended by inserting in line 78 after the figure “2002” the following:
“and may not exceed a total of $7,400 if there is one qualifying individual with respect to the taxpayer, or $12,300 if there are two or more qualifying individuals with respect to the taxpayer for taxable years beginning on or after January 1, 2011.
SECTION 2. Subparagraph (8) of paragraph (a) of part B of said section 3 of said chapter 62 of the General Laws, as so appearing, is hereby amended by adding the following sentence:- "If the taxpayer is a single person with adjusted gross income of not more than $45,000 or joint filers with adjusted gross income of not more than $75,000, the deduction available under this section shall be $4,300 if there is 1 dependent with respect to the taxpayer, or $8,600 if there are 2 or more such dependents with respect to the taxpayer."
