SENATE DOCKET, NO. 1824        FILED ON: 1/14/2009

SENATE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 1237

The Commonwealth of Massachusetts

_______________

In the Year Two Thousand Nine

_______________

An Act further regulating the income tax rate.

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 special or general law to the contrary, for taxable years commencing on or after January first, two thousand and nine, Part B taxable income shall be taxed at the lowest rate otherwise set by law but not to exceed 5.0 percent.