SECTION 1. Subsection (b) of section 4 of chapter 62 of the General Laws is hereby amended by inserting at the end thereof the following sentence:- “Part B taxable income shall not be taxed at a rate of more than 5.2 per cent unless said rate is approved by the initiative petition process provided for in Articles XLVIII, LXXIV and LXXXI of the Amendments of the Massachusetts Constitution.”
The information contained in this website is for general information purposes only. The General Court provides this information as a public service and while we endeavor to keep the data accurate and current to the best of our ability, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.