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HOUSE DOCKET, NO. 804 FILED ON: 1/15/2013 HOUSE . . . . . . . . . . . . . . . No. 2587
The Commonwealth of Massachusetts _________________ PRESENTED BY: Anne M. Gobi _______________ To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General The undersigned legislators and/or citizens respectfully petition for the passage of the accompanying: An Act relative to the senior circuit breaker tax credit. _______________ PETITION OF:
HOUSE DOCKET, NO. 804 FILED ON: 1/15/2013 HOUSE . . . . . . . . . . . . . . . No. 2587
[SIMILAR MATTER FILED IN PREVIOUS SESSION
An Act relative to the senior circuit breaker tax credit. 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. Paragraph (2) of subsection (k) of section 6 of chapter 62 of the General Laws, as appearing in the 2010 Official Edition, is amended by inserting after the figure "$750", as so appearing, at the end of said paragraph, the following words:- ; except, in the event that the taxpayer's total income does not exceed 50 percent of the income limitation as applicable to the taxpayer under clause (i) of paragraph (3) of this subsection, as increased under paragraph (4) of this subsection, then such amount to which the real estate tax payment or the rent constituting real estate tax payment exceeds the taxpayer's total income shall be calculated based on 8 percent of such total income. SECTION 2. This act shall take effect as of January 1, 2014. |
