HOUSE DOCKET, NO. 3386 FILED ON: 1/21/2011
HOUSE . . . . . . . . . . . . . . . No. 3015
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The Commonwealth of Massachusetts
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PRESENTED BY:
Angelo M. Scaccia
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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 adoption of the accompanying bill:
An Act relative to the taxation of certain mutual fund service corporations.
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PETITION OF:
Name: | District/Address: | Date Added: |
Angelo M. Scaccia | 14th Suffolk | 1/21/2011 |
HOUSE DOCKET, NO. 3386 FILED ON: 1/21/2011
HOUSE . . . . . . . . . . . . . . . No. 3015
By Mr. Scaccia of Boston, a petition (accompanied by bill, House, No. 3015) of Scaccia relative to the taxation of certain mutual fund service corporations Joint Committee on Revenue. |
[SIMILAR MATTER FILED IN PREVIOUS SESSION
SEE HOUSE, NO. 2902 OF 2009-2010.]
The Commonwealth of Massachusetts
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In the Year Two Thousand Eleven
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An Act relative to the taxation of certain mutual fund service corporations.
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 38 of chapter 63 of the General Laws, as appearing in the 2000 Official Edition, is hereby amended by striking out “, or a mutual fund service corporation to the extent of its mutual fund sales described in subsection (m)," in line s 32 and 33.
SECTION 2. Section 38 of said chapter 63 is hereby further amended by striking out subsection (m).
SECTION 3. Sections 1 and 2 shall be effective for tax years beginning on or after January 1, 2012.