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March 29, 2024 Rain | 40°F
The 193rd General Court of the Commonwealth of Massachusetts

Bill H.2967 192nd (2021 - 2022)

An Act allowing for the deduction of business interest

By Mrs. Kane of Shrewsbury, a petition (accompanied by bill, House, No. 2967) of Hannah Kane and others relative to allowing for certain tax deductions of business interest. Revenue.

Bill Information

Presenter:
Hannah Kane
Status:
Referred to House Committee on Ways and Means

Emergency Preamble

Whereas, The deferred operation of this act would tend to defeat its purpose, which is to decouple from certain provisions of the federal Tax Cuts and Jobs Act that took effect for tax years beginning after December 31, 2017, therefore it is hereby declared to be an emergency law, necessary for the immediate preservation of the public convenience.

Bill History

Displaying 6 actions for Bill H.2967
Date Branch Action
3/29/2021 House Referred to the committee on Revenue
3/29/2021 Senate Senate concurred
12/14/2021 Joint Hearing scheduled for 12/22/2021 from 10:00 AM-05:00 PM in Virtual Hearing
4/7/2022 House Accompanied by S1935
4/7/2022 House Bill reported favorably by committee and referred to the committee on House Ways and Means
1/3/2023 House No further action taken

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