SENATE DOCKET, NO. 2447        FILED ON: 2/19/2021

SENATE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 1881

 

The Commonwealth of Massachusetts

_________________

PRESENTED BY:

Adam G. Hinds

_________________

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 promoting accountability in tax expenditures.

_______________

PETITION OF:

 

Name:

District/Address:

 

Adam G. Hinds

Berkshire, Hampshire, Franklin and Hampden

 

James B. Eldridge

Middlesex and Worcester

3/8/2021


SENATE DOCKET, NO. 2447        FILED ON: 2/19/2021

SENATE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 1881

By Mr. Hinds, a petition (accompanied by bill, Senate, No. 1881) of Adam G. Hinds and James B. Eldridge for legislation to promote accountability in tax expenditures.  Revenue.

 

The Commonwealth of Massachusetts

 

_______________

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

_______________

 

An Act promoting accountability in tax expenditures.

 

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. Section 14 of Chapter 14 of the General Laws is hereby amended by adding at the end thereof the following:-

(g) All expenditures listed in a report filed pursuant to subsection (e) shall expire one year following the filing date of said report unless:-

(i) The expenditure is extended by the General Court; and

(ii) The General Court institutes a cap on said expenditure consistent with the nature of the expenditure.

SECTION 2. Notwithstanding any general or special law to the contrary, the department of revenue shall establish uniform guidelines for approving tax expenditures to promote best practices are followed. All agencies, boards, and commissions shall adhere to the guidelines when approving a tax expenditure.