HOUSE DOCKET, NO. 1821        FILED ON: 2/12/2021

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 2929

 

The Commonwealth of Massachusetts

_________________

PRESENTED BY:

Sheila C. Harrington

_________________

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 financial relief to small businesses during the COVID-19 pandemic.

_______________

PETITION OF:

 

Name:

District/Address:

Date Added:

Sheila C. Harrington

1st Middlesex

2/12/2021

Christopher Hendricks

11th Bristol

2/25/2021


HOUSE DOCKET, NO. 1821        FILED ON: 2/12/2021

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 2929

By Mrs. Harrington of Groton, a petition (accompanied by bill, House, No. 2929) of Sheila C. Harrington and Christopher Hendricks relative to an income tax deduction for the federal paycheck protection program.  Revenue.

 

The Commonwealth of Massachusetts

 

_______________

In the One Hundred and Ninety-Second General Court
(2021-2022)

_______________

 

An Act providing financial relief to small businesses during the COVID-19 pandemic.

 

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 (2) of subsection (a) of section 2 of chapter 62 of the General Laws, as appearing in the 2018 Official Edition, is hereby amended by adding the following subparagraph:-

(R) An amount which, but for this section, would be included in the Massachusetts gross income, in whole or in part, of an eligible recipient, as defined in 16 U.S.C. § 636(a)(36)(A)(iv), as a result of the forgiveness of indebtedness described in 15 U.S.C. § 9005(b).