SENATE DOCKET, NO. 1865 FILED ON: 1/21/2011 SENATE . . . . . . . . . . . . . . No. 1545 The Commonwealth of Massachusetts _________________ PRESENTED BY: Bruce E. Tarr _______________ 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 passage of the accompanying: An Act relative to depreciation deductions. _______________ PETITION OF: Name: | District/Address: | Bruce E. Tarr |
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SENATE DOCKET, NO. 1865 FILED ON: 1/21/2011 SENATE . . . . . . . . . . . . . . No. 1545 By Mr. Tarr, a petition (accompanied by bill, Senate, No. 1545) of Bruce E. Tarr for legislation relative to depreciation deductions. Revenue. |
The Commonwealth of Massachusetts
An Act relative to depreciation deductions.
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 (4) of section 30 of chapter 63 of the General Laws is hereby amended by striking out clause (iv) and inserting in place thereof the following:- (iv) the deduction allowed by section 168(k) of said Code; provided, however, that for taxable year 2011, a depreciation deduction shall be allowed in the same amount as the federal bonus depreciation allowance under section 168(k) of said Code. |
