SENATE DOCKET, NO. 1038        FILED ON: 1/18/2023

SENATE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 1875

 

The Commonwealth of Massachusetts

_________________

PRESENTED BY:

Liz Miranda

_________________

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 to require public disclosures by publicly-traded corporate taxpayers.

_______________

PETITION OF:

 

Name:

District/Address:

 

Liz Miranda

Second Suffolk

 

Rebecca L. Rausch

Norfolk, Worcester and Middlesex

2/7/2023

Julian Cyr

Cape and Islands

2/7/2023

Erika Uyterhoeven

27th Middlesex

2/8/2023

Jason M. Lewis

Fifth Middlesex

2/8/2023

Sal N. DiDomenico

Middlesex and Suffolk

2/8/2023

Michael D. Brady

Second Plymouth and Norfolk

2/8/2023

Jacob R. Oliveira

Hampden, Hampshire and Worcester

2/8/2023

Lydia Edwards

Third Suffolk

2/8/2023

Mike Connolly

26th Middlesex

2/8/2023

James B. Eldridge

Middlesex and Worcester

2/13/2023

Adam Gomez

Hampden

2/21/2023

Danillo A. Sena

37th Middlesex

3/2/2023

Patricia D. Jehlen

Second Middlesex

3/2/2023

Rita A. Mendes

11th Plymouth

4/12/2023

Vanna Howard

17th Middlesex

12/6/2023

Manny Cruz

7th Essex

12/11/2023


SENATE DOCKET, NO. 1038        FILED ON: 1/18/2023

SENATE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 1875

By Ms. Miranda, a petition (accompanied by bill, Senate, No. 1875) of Liz Miranda, Rebecca L. Rausch, Julian Cyr, Erika Uyterhoeven and other members of the General Court for legislation to require public disclosures by publicly-traded corporate taxpayers.  Revenue.

 

The Commonwealth of Massachusetts

 

_______________

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

_______________

 

An Act to require public disclosures by publicly-traded corporate taxpayers.

 

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 83 of chapter 62C of the General Laws, as appearing in the 2016 Official Edition, is hereby amended by striking from the last sentence of subsection (a) the words, “; but the report or amended report shall be available for public inspection only after the state secretary has expunged the name of the taxpayer and the location, including street address, of the taxpayer’s principal office as required by subsection (n)”

SECTION 2. Said Section 83, as so appearing, is further amended by striking the period at the end of subsection (m) and replacing it with the following: -- , together with a list of any corporations required to file in the preceding year that failed to file a report in that year.

SECTION 3.  Said Section 83, as so appearing, is further amended by striking subsection (n) and replacing it with the following: -- (n) The state secretary shall make all information contained in the reports required under this section for all filing corporations available to the public on an ongoing basis in the form of a searchable database accessible through the internet.  The state secretary shall make available and set charges that cover the cost to the state of providing copies on appropriate computer-readable media of the entire database for reports filed during each calendar year, as well as hard copies of an individual annual report for a specific corporation.  No report for any corporation for a particular tax year shall be publicly available until the first day of the third calendar year that follows the calendar year in which the particular tax year ends.