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HOUSE DOCKET, NO. 3377 FILED ON: 1/21/2011 HOUSE . . . . . . . . . . . . . . . No. 2982
The Commonwealth of Massachusetts _________________ PRESENTED BY: James Arciero _______________ 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 providing an income tax deduction for losses incurred in playing the Massachusetts lottery. _______________ PETITION OF:
HOUSE DOCKET, NO. 3377 FILED ON: 1/21/2011 HOUSE . . . . . . . . . . . . . . . No. 2982
[SIMILAR MATTER FILED IN PREVIOUS SESSION
An Act providing an income tax deduction for losses incurred in playing the Massachusetts lottery. 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 (a) of Part B of section 3 of chapter 62 of the General Laws is hereby amended by adding the following paragraph: (16) The amount of monetary losses equal to the monetary winnings derived from playing lottery games operated, or offered, by the lottery commission of the commonwealth of Massachusetts as reported on the taxpayer’s United States federal income tax form 1040, and in Part A of the adjusted gross income tax form of the commonwealth of Massachusetts. |
