HOUSE DOCKET, NO. 1965        FILED ON: 2/16/2021

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 3096

 

The Commonwealth of Massachusetts

_________________

PRESENTED BY:

Steven G. Xiarhos

_________________

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:

Steven G. Xiarhos

5th Barnstable

2/16/2021

Marc T. Lombardo

22nd Middlesex

2/18/2021

Vanna Howard

17th Middlesex

2/18/2021

Joseph D. McKenna

18th Worcester

2/18/2021

Alyson M. Sullivan

7th Plymouth

2/19/2021

Kelly W. Pease

4th Hampden

2/20/2021

Mathew J. Muratore

1st Plymouth

2/22/2021

Timothy R. Whelan

1st Barnstable

2/22/2021

Christopher Hendricks

11th Bristol

2/23/2021

Paul A. Schmid, III

8th Bristol

2/25/2021

Kate Lipper-Garabedian

32nd Middlesex

2/26/2021

Paul McMurtry

11th Norfolk

2/26/2021

Bradley H. Jones, Jr.

20th Middlesex

2/26/2021

Susan L. Moran

Plymouth and Barnstable

2/26/2021

Brian W. Murray

10th Worcester

2/26/2021

Michael D. Brady

Second Plymouth and Bristol

3/5/2021

Angelo L. D'Emilia

8th Plymouth

3/5/2021

David F. DeCoste

5th Plymouth

3/2/2021

John J. Lawn, Jr.

10th Middlesex

3/4/2021

Adam J. Scanlon

14th Bristol

3/4/2021

Jonathan D. Zlotnik

2nd Worcester

3/8/2021

John H. Rogers

12th Norfolk

3/8/2021

Michael P. Kushmerek

3rd Worcester

3/9/2021

Elizabeth A. Malia

11th Suffolk

3/15/2021

Ryan C. Fattman

Worcester and Norfolk

4/8/2021

Patrick M. O'Connor

Plymouth and Norfolk

5/5/2021


HOUSE DOCKET, NO. 1965        FILED ON: 2/16/2021

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 3096

By Mr. Xiarhos of Barnstable, a petition (accompanied by bill, House, No. 3096) of Steven G. Xiarhos and others relative to taxation of amounts granted to businesses through the federal CARES Act and 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.

 

Whereas, The deferred operation of this act would tend to defeat its purpose, which is to ensure that Massachusetts will not burden distressed small businesses by taxing the loan forgiveness amount granted to businesses through the CARES Act and within it the Paycheck Protection Program (PPP), therefore it is hereby declared to be an emergency law, necessary for the immediate preservation of the public convenience.
 

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 15 U.S.C. § 636(a)(36)(A)(iv), as a result of the forgiveness of indebtedness described in 15 U.S.C. § 9005(b