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SENATE DOCKET, NO. 1826 FILED ON: 1/21/2011 SENATE . . . . . . . . . . . . . . No. 1496
The Commonwealth of Massachusetts _________________ PRESENTED BY: Richard T. Moore _______________ 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 to promote business growth. _______________ PETITION OF:
SENATE DOCKET, NO. 1826 FILED ON: 1/21/2011 SENATE . . . . . . . . . . . . . . No. 1496
An Act to promote business growth. 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 68C of chapter 63 of the general laws, as appearing in the 2008 Official Edition, is hereby amended by adding the following subsection:-- (10) a business corporation, as defined in section 30, shall be exempt within the first five years after its organization and establishment of a physical presence within the Commonwealth. |
