HOUSE DOCKET, NO. 2604        FILED ON: 1/17/2019

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 2499

 

The Commonwealth of Massachusetts

_________________

PRESENTED BY:

Kevin G. Honan and Joseph A. Boncore

_________________

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 providing tax relief for rent-burdened individuals and families.

_______________

PETITION OF:

 

Name:

District/Address:

Date Added:

Kevin G. Honan

17th Suffolk

1/16/2019

Joseph A. Boncore

First Suffolk and Middlesex

1/17/2019

Brian M. Ashe

2nd Hampden

1/21/2019

David Biele

4th Suffolk

2/1/2019

David F. DeCoste

5th Plymouth

1/29/2019

Kenneth I. Gordon

21st Middlesex

1/29/2019

Kay Khan

11th Middlesex

1/29/2019

Michael J. Moran

18th Suffolk

2/1/2019

Mathew J. Muratore

1st Plymouth

1/29/2019

Brian W. Murray

10th Worcester

1/29/2019

Bruce E. Tarr

First Essex and Middlesex

1/30/2019

Chynah Tyler

7th Suffolk

2/1/2019


HOUSE DOCKET, NO. 2604        FILED ON: 1/17/2019

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 2499

By Representative Honan of Boston and Senator Boncore, a joint petition (accompanied by bill, House, No. 2499) of Kevin G. Honan, Joseph A. Boncore and others relative to the tax deduction for rental payments.  Revenue.

 

[SIMILAR MATTER FILED IN PREVIOUS SESSION
SEE HOUSE, NO. 1535 OF 2017-2018.]

 

The Commonwealth of Massachusetts

 

_______________

In the One Hundred and Ninety-First General Court
(2019-2020)

_______________

 

An Act providing tax relief for rent-burdened individuals and families.

 

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 3(B)(a)(9) of Chapter 62 of the General Laws, as appearing in the 2014 Official Edition, is hereby amended by striking out the text and inserting in place thereof the following:-

(9) In the case of an individual who pays rent for his principal place of residence and such residence is located in the commonwealth, an amount equal to 50 per cent of such rent; provided, however, that such deduction shall not exceed $4,100 for a single person, for a person that qualifies as a head of household under section two (b) of the Code, or for spouses, increased by an amount equal to the deduction limit multiplied by the cost-of-living adjustment for the calendar year in which the taxable year begins; provided, that the household income of eligible taxpayers shall not exceed 100 percent of the area median income, as defined by the United States Department of Housing and Urban Development. For the purposes of this section, the term “cost-of-living adjustment” means, for any calendar year, the percentage, if any, by which the consumer price index for the preceding calendar year exceeds the consumer price index, as defined in section 1 of the Code, for calendar year 2019. The commissioner shall adopt regulations necessary for the implementation of this section.

SECTION 2. This act shall apply to taxable years beginning on or after January 1, 2020.