HOUSE DOCKET, NO. 1707 FILED ON: 1/17/2013
HOUSE . . . . . . . . . . . . . . . No. 2535
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The Commonwealth of Massachusetts
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PRESENTED BY:
Claire D. Cronin
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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 enhance the Massachusetts investment tax credit.
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PETITION OF:
Name: | District/Address: | Date Added: |
Claire D. Cronin | 11th Plymouth |
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Thomas J. Calter | 12th Plymouth |
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HOUSE DOCKET, NO. 1707 FILED ON: 1/17/2013
HOUSE . . . . . . . . . . . . . . . No. 2535
By Ms. Cronin of Easton, a petition (accompanied by bill, House, No. 2535) of Claire D. Cronin and Thomas J. Calter for legislation to enhance the investment tax credit. Revenue. |
The Commonwealth of Massachusetts
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In the Year Two Thousand Thirteen
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An Act to enhance the Massachusetts investment tax credit.
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.Subsection (i) of section 31A of said Chapter 63 of the General Laws, as appearing in the 2010 Official Edition, is hereby amended by striking out “three” and inserting in place thereof, in each instance, the following word:- five
SECTION 2.Subsection (j) of section 31A of said Chapter 63 is hereby amended by striking out “three” and inserting in place thereof the following word:- five
SECTION 3.Section 31A of said Chapter 63 is hereby amended by striking out subsection (l) and inserting in place thereof the following section:
(l) Paragraphs (i) and (j), as amended, shall be available only for taxable years beginning on or after January 1, 2015.