SENATE DOCKET, NO. 1826        FILED ON: 1/21/2011

SENATE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 1496

 

The Commonwealth of Massachusetts

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PRESENTED BY:

Richard T. Moore

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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 to promote business growth.

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PETITION OF:

 

Name:

District/Address:

Richard T. Moore

 

Bruce E. Tarr

 

Geraldo Alicea

6th Worcester

Michael R. Knapik

 

Kevin J. Kuros

8th Worcester


SENATE DOCKET, NO. 1826        FILED ON: 1/21/2011

SENATE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 1496

By Mr. Moore, a petition (accompanied by bill, Senate, No. 1496) of Richard T. Moore, Bruce E. Tarr, Geraldo Alicea, Michael R. Knapik and others for legislation to promote business growth.  Revenue.

 

The Commonwealth of Massachusetts

 

_______________

In the Year Two Thousand Eleven

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An Act to promote business growth.

 

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 68C of chapter 63 of the general laws, as appearing in the 2008 Official Edition, is hereby amended by adding the following subsection:--

                (10) a business corporation, as defined in section 30, shall be exempt within the first five years after its organization and establishment of a physical presence within the Commonwealth.