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November 19, 2024 Clouds | 46°F
The 193rd General Court of the Commonwealth of Massachusetts

Bill H.2696 188th (2013 - 2014)

An Act to continue tax basis rules for property acquired from decedents

By Ms. Peisch of Wellesley, a petition (accompanied by bill, House, No. 2696) of Alice Hanlon Peisch and Paul A. Schmid, III for legislation to continue the tax basis rules for property acquired from decedents. Revenue.

Bill Information

Presenter:
Alice Hanlon Peisch

Emergency Preamble

Whereas, The deferred operation of this act would tend to defeat its purpose, which is to immediately provide for the continuation of the pre-2010 Massachusetts rules governing the basis of property acquired from decedents, irrespective of the change in such rules applicable to the United States income tax for 2010 and thereafter, therefore it is hereby declared to be an emergency law, necessary for the immediate preservation of the public convenience.

Petitioners

Name District/Address
Alice Hanlon Peisch 14th Norfolk
Paul A. Schmid, III 8th Bristol

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