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HOUSE DOCKET, NO. 2289 FILED ON: 1/19/2023
HOUSE . . . . . . . . . . . . . . . No. 2877
The Commonwealth of Massachusetts
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PRESENTED BY:
Jay D. Livingstone
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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 adoption of the accompanying bill:
An Act to encourage Massachusetts residency.
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PETITION OF:
NAME:DISTRICT/ADDRESS :DATE ADDED:Jay D. Livingstone8th Suffolk1/18/2023 1 of 2
HOUSE DOCKET, NO. 2289 FILED ON: 1/19/2023
HOUSE . . . . . . . . . . . . . . . No. 2877
By Representative Livingstone of Boston, a petition (accompanied by bill, House, No. 2877) of
Jay D. Livingstone relative to taxable estate. Revenue.
The Commonwealth of Massachusetts
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In the One Hundred and Ninety-Third General Court
(2023-2024)
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An Act to encourage Massachusetts residency.
Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority
of the same, as follows:
1 SECTION 1. Chapter 65C of the General Laws is hereby amended by striking out
2subsection (a) of Section 2 and inserting in place thereof the following subsection:-
3 (a) A tax computed in accordance with the following is hereby imposed on the transfer
4of the Massachusetts taxable estate of every deceased resident of Massachusetts:
5 Massachusetts estate tax shall be twenty percent of Massachusetts taxable estate on every
6deceased resident of Massachusetts; provided however, that the tax under this subsection shall
7not be greater than twenty percent of the amount by which the Massachusetts taxable estate
8exceeds the exemption given at subsection (a) of section three.
9 SECTION 2. Section 3 of Ch. 65C of the General Laws is hereby amended by striking
10out subsection (a) and inserting the following:
11 (a) There shall be an exemption for up to $2 million for each Massachusetts taxable
12estate. The amount of this exemption shall increase annually starting on March 1, 2023 and each 2 of 2
13March 1 thereafter by a percentage equal to the most recent annual seasonally adjusted
14Consumer Price Index for all Urban Consumers for the United States as published by the United
15States Bureau of Labor Statistics.
16 SECTION 3. Ch. 65C of the General Laws is hereby amended by adding the following
17subsection:-
18 (e) An exemption shall be provided in addition to any exemption in subsections (a), (b),
19and (c) that the value of a deceased resident’s primary residence at the time of their death shall
20not be included in the value of Massachusetts taxable estate.