HOUSE DOCKET, NO. 623        FILED ON: 1/18/2011

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 763

 

The Commonwealth of Massachusetts

_________________

PRESENTED BY:

Robert M. Koczera

_________________

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 tax deductions for college savings..

_______________

PETITION OF:

 

Name:

District/Address:

Date Added:

Robert M. Koczera

11th Bristol

1/18/2011


HOUSE DOCKET, NO. 623        FILED ON: 1/18/2011

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 763

By Mr. Koczera of New Bedford, a petition (accompanied by bill, House, No. 763) of Robert M. Koczera relative to a tax deduction for college savings accounts.  Revenue.

 

[SIMILAR MATTER FILED IN PREVIOUS SESSION
SEE HOUSE, NO. 2802 OF 2009-2010.]

 

The Commonwealth of Massachusetts

 

_______________

In the Year Two Thousand Eleven

_______________

 

An Act relative to tax deductions for college savings..

 

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 3 of Chapter 62 of the General Laws, as appearing in the 2004 Official Edition, is hereby amended by inserting, after item (15) at the end of subsection B.(a), the following new item:

(16) An amount up to $10,000 per individual to qualified savings plans as defined by Section 529 of the Code.