Amendment ID: S2378-109

Amendment 109

Part B Taxable Income

Messrs. Fattman, Tran and Tarr move to amend the bill by inserting the following section:-

"SECTION XX. Subsection (b) of section 4 of chapter 62 of the General Laws, as so appearing, is hereby amended by striking out the last paragraph and inserting in place thereof the following paragraph: Notwithstanding the preceding paragraph, Part B taxable income shall be taxed at the rate of 5.0 per cent for tax years beginning on or after January 1, 2020."