SENATE DOCKET, NO. 287 FILED ON: 1/14/2015
SENATE . . . . . . . . . . . . . . No. 1560
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The Commonwealth of Massachusetts
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PRESENTED BY:
Michael F. Rush
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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: |
Michael F. Rush | Norfolk and Suffolk |
Paul McMurtry | 11th Norfolk |
Richard J. Ross | Norfolk, Bristol and Middlesex |
SENATE DOCKET, NO. 287 FILED ON: 1/14/2015
SENATE . . . . . . . . . . . . . . No. 1560
By Mr. Rush, a petition (accompanied by bill, Senate, No. 1560) of Michael F. Rush, Paul McMurtry and Richard J. Ross for legislation to promote business growth. Revenue. |
[SIMILAR MATTER FILED IN PREVIOUS SESSION
SEE SENATE, NO. 1387 OF 2013-2014.]
The Commonwealth of Massachusetts
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In the One Hundred and Eighty-Ninth General Court
(2015-2016)
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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 2012 Official Edition, is hereby amended by adding the following subsection:--
(11) 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.