Massachusetts 2023-2024 Regular Session

Massachusetts Senate Bill S1823 Compare Versions

Only one version of the bill is available at this time.

Old	New	Differences
1	1	1 of 1
2	2	SENATE DOCKET, NO. 2082 FILED ON: 1/20/2023
3	3	SENATE . . . . . . . . . . . . . . No. 1823
4	4	The Commonwealth of Massachusetts
5	5	_________________
6	6	PRESENTED BY:
7	7	Paul R. Feeney
8	8	_________________
9	9	To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General
10	10	Court assembled:
11	11	The undersigned legislators and/or citizens respectfully petition for the adoption of the accompanying bill:
12	12	An Act expanding the child tax credit.
13	13	_______________
14	14	PETITION OF:
15	15	NAME:DISTRICT/ADDRESS :Paul R. FeeneyBristol and NorfolkPatricia D. JehlenSecond Middlesex3/2/2023 1 of 3
16	16	SENATE DOCKET, NO. 2082 FILED ON: 1/20/2023
17	17	SENATE . . . . . . . . . . . . . . No. 1823
18	18	By Mr. Feeney, a petition (accompanied by bill, Senate, No. 1823) of Paul R. Feeney and
19	19	Patricia D. Jehlen for legislation to expand the child tax credit. Revenue.
20	20	The Commonwealth of Massachusetts
21	21	_______________
22	22	In the One Hundred and Ninety-Third General Court
23	23	(2023-2024)
24	24	_______________
25	25	An Act expanding the child tax credit.
26	26	Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority
27	27	of the same, as follows:
28	28	1 Section 6 of chapter 62 of the General Laws, as amended by sections 32 and 33 of
29	29	2chapter 102 of the acts of 2021, is hereby amended by striking out subsection (y) and inserting in
30	30	3place thereof the following subsection:-
31	31	4 (y) A taxpayer who maintains a household that includes as a member at least 1 individual
32	32	5under the age of 13 who qualifies for exemption as a dependent under section 151 of the Code
33	33	6shall be allowed a credit in an amount equal to $600 for each such dependent; provided,
34	34	7however, that a credit shall not be allowed under this subsection if a credit is claimed under
35	35	8subsection (x); provided further, that if the taxpayer is married at the close of the taxable year,
36	36	9the credit provided in this subsection shall be allowed if the taxpayer and the taxpayer’s spouse
37	37	10file a joint return for the taxable year or if the taxpayer qualifies as a head of household under
38	38	11section 2(b) of the Code; provided further, that for the purposes of this subsection, “maintains a
39	39	12household” shall have the same meaning as in section 21 of the Code; and provided further that
40	40	13total income for the taxable year does not exceed $200,000 for a single-filer household or 2 of 3
41	41	14$400,000 for a dual-filer household. If the amount of the credit allowed under this subsection
42	42	15exceeds the taxpayer’s tax liability, the commissioner shall treat the excess as an overpayment
43	43	16and shall pay the taxpayer the entire amount of the excess.
44	44	17 A taxpayer who maintains a household that includes as a member at least 1 individual
45	45	18under the age of 13 who qualifies for an exemption as a dependent under section 151 of the Code
46	46	19shall be allowed a credit in an amount equal to $3000 for each such dependent; provided,
47	47	20however, that the dependent was deemed ineligible for the federal child tax credit provided by
48	48	21the federal American Rescue Plan Act; provided further that a credit shall not be allowed under
49	49	22this subsection if a credit is claimed under subsection (x); provided further, that if the taxpayer is
50	50	23married at the close of the taxable year, the credit provided in this subsection shall be allowed if
51	51	24the taxpayer and the taxpayer’s spouse file a joint return for the taxable year or if the taxpayer
52	52	25qualifies as a head of household under section 2(b) of the Code; provided further, that for the
53	53	26purposes of this subsection, “maintains a household” shall have the same meaning as in section
54	54	2721 of the Code; and provided further that total income for the taxable year does not exceed
55	55	28$200,000 for a single-filer household or $400,000 for a dual-filer household. If the amount of the
56	56	29credit allowed under this subsection exceeds the taxpayer’s tax liability, the commissioner shall
57	57	30treat the excess as an overpayment and shall pay the taxpayer the entire amount of the excess.
58	58	31 A taxpayer who maintains a household that includes as a member at least 1 individual
59	59	32who is: (A) not less than 65 years of age or who is disabled; and (B) who qualifies as a
60	60	33dependent under section 152 of the Code, shall be allowed a credit in an amount equal to $180 if
61	61	34there is 1 such dependent with respect to the taxpayer or $360 if there 354 are not less than 2
62	62	35such dependents with respect to the taxpayer; provided, however, that a credit shall not be
63	63	36allowed under this subsection if a credit is claimed under subsection (x); provided further, that if 3 of 3
64	64	37the taxpayer is married at the close of the taxable year, the credit provided in this subsection shall
65	65	38be allowed if the taxpayer and the taxpayer’s spouse file a joint return for the taxable year or if
66	66	39the taxpayer qualifies as a head of household under section 2(b) of the Code; and provided
67	67	40further, that for the purposes of this subsection, “maintains a household” shall have the same
68	68	41meaning as in section 21 of the Code. If the amount of the credit allowed under this subsection
69	69	42exceeds the taxpayer’s tax liability, the commissioner shall treat the excess as an overpayment
70	70	43and shall pay the taxpayer the entire amount of the excess.