Bill Text: MA H2754 | 2009-2010 | 186th General Court | Introduced
Bill Title: Exclude health insurance premiums by retirees from the income tax
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2009-01-20 - Public Hearing date 7/22 at 10:00 AM in Hearing Room B2 [H2754 Detail]
Download: Massachusetts-2009-H2754-Introduced.html
The Commonwealth of Massachusetts
_______________
PRESENTED BY:
William C. Galvin
_______________
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 bill:
An Act relative to legislation to exclude health insurance premiums by retirees from the income tax.
_______________
PETITION OF:
|
Name: |
District/Address: |
|
William C. Galvin |
6th Norfolk |
[SIMILAR MATTER FILED IN PREVIOUS
SESSION
SEE HOUSE, NO. 2917 OF 2007-2008.]
The Commonwealth of
Massachusetts
_______________
In the Year Two Thousand and Nine
_______________
An Act relative to legislation to exclude health insurance premiums
by retirees from the income tax.
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 subsection B of section 3 of chapter
62 of the General Laws, as appearing in the 2002 Official Edition, is hereby
amended by adding the following subparagraph:—
(14) All sums deducted from payments from any annuity, pension, endowment or
retirement fund of the United States government, the commonwealth or any
political subdivision thereof including the optional retirement system
established by section 40 of chapter 15A for the purpose of providing health
insurance under the provisions of chapter 32A or 32B; provided, however, that
in the case that such sums are deducted from any contributory annuity, pension,
endowment or retirement fund of the United States government or the
commonwealth or any political subdivision thereof, to which the retiree had
contributed, the amount to be deducted from the Part B adjusted gross income in
determining the Part B taxable income shall not in the aggregate exceed $2.000.
