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.
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