HOUSE DOCKET, NO. 2648        FILED ON: 2/18/2021

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 2954

 

The Commonwealth of Massachusetts

_________________

PRESENTED BY:

Bradley H. Jones, Jr.

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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 eliminating the corporate minimum excise tax.

_______________

PETITION OF:

 

Name:

District/Address:

Date Added:

Bradley H. Jones, Jr.

20th Middlesex

2/8/2021

Susan Williams Gifford

2nd Plymouth

2/25/2021

Norman J. Orrall

12th Bristol

2/26/2021

Paul K. Frost

7th Worcester

3/11/2021

Hannah Kane

11th Worcester

3/18/2021

Mathew J. Muratore

1st Plymouth

3/24/2021

Steven S. Howitt

4th Bristol

3/31/2021


HOUSE DOCKET, NO. 2648        FILED ON: 2/18/2021

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 2954

By Mr. Jones of North Reading, a petition (accompanied by bill, House, No. 2954) of Bradley H. Jones, Jr., and others relative to eliminating the corporate minimum excise tax.  Revenue.

 

The Commonwealth of Massachusetts

 

_______________

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

_______________

 

An Act relative to eliminating the corporate minimum excise tax.

 

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. Subsection (a) of Section 2 of chapter 63 of the General Laws, as appearing in the 2018 Official Edition, is hereby amended by striking out, in lines 16 through 18, the clause “; provided, however, that the excise imposed hereunder shall be no less than four hundred and fifty-six dollars.”.

SECTION 2. Subsection (b) of Section 2 of said chapter 63, as so appearing, is hereby amended by striking out, in lines 27 through 28, the clause “; provided, however, that in no case shall the excise imposed under this section amount to less than $456.”.

SECTION 3. Section 38B of said chapter 63, as so appearing, is hereby amended by striking out, in lines 13 through 14, and in lines 26 through 27, the clause “or four hundred and fifty-six dollars, whichever is greater.”

SECTION 4. Sections 1 to 3, inclusive, are hereby repealed.

SECTION 5. Section 4 shall take effect one year after the passage of this act.