Bill Text: MA H2918 | 2009-2010 | 186th General Court | Introduced
Bill Title: A income tax deduction for contributions to college savings plans
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 [H2918 Detail]
Download: Massachusetts-2009-H2918-Introduced.html
The Commonwealth of Massachusetts
_______________
PRESENTED BY:
Thomas M. Stanley
_______________
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 providing for a certain income tax deduction.
_______________
PETITION OF:
|
Name: |
District/Address: |
|
Thomas M. Stanley |
9th Middlesex |
|
Robert M. Koczera |
11th Bristol |
|
Cleon H. Turner |
1st Barnstable |
|
Allen J. McCarthy |
7th Plymouth |
|
Jeffrey Davis Perry |
5th Barnstable |
|
Bruce E. Tarr |
First Essex and Middlesex |
|
Richard J. Ross |
9th Norfolk |
[SIMILAR MATTER FILED IN PREVIOUS
SESSION
SEE HOUSE, NO. 3136 OF 2007-2008.]
The Commonwealth of
Massachusetts
_______________
In the Year Two Thousand and Nine
_______________
An Act providing for a certain income tax deduction.
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 2004 Official Edition, is hereby amended by adding the following subparagraph: —
(14) An amount equal to the amount contributed by the taxpayer to a college savings plan authorized under section 529 of the Code; provided, however, that the amount to be deducted hereunder shall not exceed $2,000 for any 1 beneficiary.
SECTION 2. Section 1 shall be effective for taxable years beginning on or after January 1, 2007.
