HOUSE DOCKET, NO. 1513        FILED ON: 1/18/2023

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 2750

 

The Commonwealth of Massachusetts

_________________

PRESENTED BY:

Rob Consalvo and Kate Lipper-Garabedian

_________________

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 updating and expanding the renter’s income tax deduction.

_______________

PETITION OF:

 

Name:

District/Address:

Date Added:

Rob Consalvo

14th Suffolk

1/18/2023

Kate Lipper-Garabedian

32nd Middlesex

1/18/2023

Carol A. Doherty

3rd Bristol

2/8/2023

Rodney M. Elliott

16th Middlesex

2/8/2023

Jennifer Balinsky Armini

8th Essex

2/8/2023

Steven Ultrino

33rd Middlesex

2/8/2023

James K. Hawkins

2nd Bristol

2/8/2023

James B. Eldridge

Middlesex and Worcester

2/28/2023

Lydia Edwards

Third Suffolk

4/4/2023


HOUSE DOCKET, NO. 1513        FILED ON: 1/18/2023

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 2750

By Representatives Consalvo of Boston and Lipper-Garabedian of Melrose, a petition (accompanied by bill, House, No. 2750) of Rob Consalvo, Kate Lipper-Garabedian and others relative to the income tax deduction for renters.  Revenue.

 

[SIMILAR MATTER FILED IN PREVIOUS SESSION
SEE HOUSE, NO. 4306 OF 2021-2022.]

 

The Commonwealth of Massachusetts

 

_______________

In the One Hundred and Ninety-Third General Court
(2023-2024)

_______________

 

An Act updating and expanding the renter’s income tax deduction.

 

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. Subparagraph (9) of paragraph (a) of part B of section 3 of chapter 62 of the General Laws, as appearing in the 2018 Official Edition, is hereby amended by striking out the figure “$3,000”, in line 109, and inserting in place thereof the following figure:- $6,000.

SECTION 2. Section 6 of said chapter 62, as amended by section 57 of chapter 358 of the acts of 2020, is hereby amended by adding the following subsection:-

(x) a taxpayer who pays rent for their principal place of residence and such residence is located in the commonwealth shall be allowed a credit against the taxes imposed by the chapter if the taxpayer’s Part B adjusted gross income is not more than $50,000. The credit shall be an amount equal to 5 per cent of 50 per cent of the total rent paid by the taxpayer in excess of $12,000; provided, however, that the credit shall not exceed $200 for a single person, spouse or a person that qualifies as head of household under section 2(b) of the Code.