Bill Text: MA S1361 | 2009-2010 | 186th General Court | Introduced
Bill Title: For legislation relative to state tax deductions for gambling losses
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2009-01-20 - Public Hearing date 7/22 at 10:00 AM in Hearing Room B2 [S1361 Detail]
Download: Massachusetts-2009-S1361-Introduced.html
The Commonwealth of Massachusetts
_______________
PRESENTED BY:
Richard R. Tisei (BY REQUEST)
_______________
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 state tax deductions for gambling losses.
_______________
PETITION OF:
Name: |
District/Address: |
Donna J. O'Leary |
226 Melrose Street |
[SIMILAR MATTER FILED IN PREVIOUS
SESSION
SEE SENATE, NO. S01825 OF 2007-2008.]
The Commonwealth of
Massachusetts
_______________
In the Year Two Thousand and Nine
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An Act relative to state tax deductions for gambling losses.
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. Notwithstanding any general or special law to the contrary, any resident of the Commonwealth required to report gambling earnings as income on their state income tax form shall be allowed to offset those winnings by claiming an itemized deduction for any gambling losses sustained during the taxable year for which they are filing, to the extent allowable under federal law; provided, however, that the individual must also itemize these deductions on his federal income tax return.