HOUSE DOCKET, NO. 1708        FILED ON: 1/18/2023

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 2842

 

The Commonwealth of Massachusetts

_________________

PRESENTED BY:

Bradley H. Jones, Jr.

_________________

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 the corporate minimum excise tax.

_______________

PETITION OF:

 

Name:

District/Address:

Date Added:

Bradley H. Jones, Jr.

20th Middlesex

1/17/2023

Nicholas A. Boldyga

3rd Hampden

1/26/2023

F. Jay Barrows

1st Bristol

1/26/2023

Joseph D. McKenna

18th Worcester

1/27/2023

Hannah Kane

11th Worcester

1/30/2023

Paul K. Frost

7th Worcester

1/31/2023

Kimberly N. Ferguson

1st Worcester

2/1/2023


HOUSE DOCKET, NO. 1708        FILED ON: 1/18/2023

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 2842

By Representative Jones of North Reading, a petition (accompanied by bill, House, No. 2842) of Bradley H. Jones, Jr., and others relative to the corporate minimum excise tax.  Revenue.

 

The Commonwealth of Massachusetts

 

_______________

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

_______________

 

An Act relative to 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 2020 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 Sections 1 to 3, inclusive, are hereby repealed.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.