HOUSE DOCKET, NO. 150 FILED ON: 1/11/2011
HOUSE . . . . . . . . . . . . . . . No. 812
The Commonwealth of Massachusetts
_________________
PRESENTED BY:
Thomas M. Stanley
_______________
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 providing for a certain income tax deduction.
_______________
PETITION OF:
Name: | District/Address: |
Thomas M. Stanley | 9th Middlesex |
Steven L. Levy | 4th Middlesex |
Paul W. Mark | 2nd Berkshire |
Chris Walsh | 6th Middlesex |
HOUSE DOCKET, NO. 150 FILED ON: 1/11/2011
HOUSE . . . . . . . . . . . . . . . No. 812
By Mr. Stanley of Waltham, a petition (accompanied by bill, House, No. 812) of Thomas M. Stanley and others for legislation to provide for a certain income tax deduction for college savings plan contributions. Revenue. |
[SIMILAR MATTER FILED IN PREVIOUS SESSION
SEE
HOUSE
, NO. 2918 OF 2009-2010.]
The Commonwealth of Massachusetts
An Act providing for a certain income tax deduction.
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. Paragraph (a) of subsection B of section 3 of chapter 62 of the General Laws, as appearing in the 2008 Official Edition, is hereby amended by adding the following subparagraph: —
(14) An amount equal to the amount contributed by the taxpayer to a college savings plan authorized under section 529 of the Code; provided, however, that the amount to be deducted hereunder shall not exceed $2,000 for any 1 beneficiary.
SECTION 2. Section 1 shall be effective for taxable years beginning on or after January 1, 2012.
