SENATE DOCKET, NO. 1455        FILED ON: 1/20/2017

SENATE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 1633

 

The Commonwealth of Massachusetts

_________________

PRESENTED BY:

Michael F. Rush

_________________

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.

_______________

PETITION OF:

 

Name:

District/Address:

 

Michael F. Rush

Norfolk and Suffolk

 

Paul McMurtry

11th Norfolk

2/7/2017


SENATE DOCKET, NO. 1455        FILED ON: 1/20/2017

SENATE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 1633

By Mr. Rush, a petition (accompanied by bill, Senate, No. 1633) of Michael F. Rush and Paul McMurtry for legislation to promote business growth.  Revenue.

 

[SIMILAR MATTER FILED IN PREVIOUS SESSION
SEE SENATE, NO. 1560 OF 2015-2016.]

 

The Commonwealth of Massachusetts

 

_______________

In the One Hundred and Ninetieth General Court
(2017-2018)

_______________

 

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 2014 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.