HOUSE DOCKET, NO. 1753        FILED ON: 1/17/2019

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 3663

 

The Commonwealth of Massachusetts

_________________

PRESENTED BY:

Mathew J. Muratore

_________________

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 relative to tax deductions for retirement account contributions.

_______________

PETITION OF:

 

Name:

District/Address:

Date Added:

Mathew J. Muratore

1st Plymouth

1/11/2019

Brian M. Ashe

2nd Hampden

3/20/2019

Peter Capano

11th Essex

3/19/2019

William L. Crocker, Jr.

2nd Barnstable

3/20/2019

Shawn Dooley

9th Norfolk

3/19/2019

Ryan C. Fattman

Worcester and Norfolk

1/31/2019

Susan Williams Gifford

2nd Plymouth

3/20/2019

Steven S. Howitt

4th Bristol

3/19/2019

Marc T. Lombardo

22nd Middlesex

3/19/2019

Elizabeth A. Poirier

14th Bristol

1/29/2019

William M. Straus

10th Bristol

3/21/2019

Bruce E. Tarr

First Essex and Middlesex

1/30/2019

José F. Tosado

9th Hampden

2/1/2019

David T. Vieira

3rd Barnstable

3/21/2019


HOUSE DOCKET, NO. 1753        FILED ON: 1/17/2019

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 3663

By Mr. Muratore of Plymouth, a petition (accompanied by bill, House, No. 3663) of Mathew J. Muratore and others relative to tax deductions for retirement account contributions.  Revenue.

 

The Commonwealth of Massachusetts

 

_______________

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

_______________

 

An Act relative to tax deductions for retirement account contributions.

 

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. Paragraph (a) of Part B of section 3 of chapter 62 of the General Laws, as appearing in the 2016 Official Edition, is hereby amended by inserting after clause (4) the following clause:-

(4 ½) All sums contributed by a taxpayer to a traditional individual retirement account; provided that said deduction shall not exceed the annual contribution limit.

SECTION 2. Clause (4 ½) of paragraph (a) of Part B of section 3 of chapter 62 of the General Laws shall apply to tax years beginning on or after June 1, 2020.