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HOUSE DOCKET, NO. 1204 FILED ON: 1/14/2025
HOUSE . . . . . . . . . . . . . . . No. 3057
The Commonwealth of Massachusetts
_________________
PRESENTED BY:
Mike Connolly
_________________
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 establishing a tiered corporate minimum tax.
_______________
PETITION OF:
NAME:DISTRICT/ADDRESS :DATE ADDED:Mike Connolly26th Middlesex1/14/2025Manny Cruz7th Essex2/4/2025 1 of 2
HOUSE DOCKET, NO. 1204 FILED ON: 1/14/2025
HOUSE . . . . . . . . . . . . . . . No. 3057
By Representative Connolly of Cambridge, a petition (accompanied by bill, House, No. 3057) of
Mike Connolly and Manny Cruz relative to establishing a tiered corporate minimum tax.
Revenue.
[SIMILAR MATTER FILED IN PREVIOUS SESSION
SEE HOUSE, NO. 2743 OF 2023-2024.]
The Commonwealth of Massachusetts
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In the One Hundred and Ninety-Fourth General Court
(2025-2026)
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An Act establishing a tiered corporate minimum tax.
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 39 of chapter 63 of the General Laws, as so appearing, is amended by striking out
2subsection (b) and inserting in place thereof the following subsection:--
3 (b) A minimum tax as follows:
4 (1) If the total sales of the corporation in the commonwealth during the taxable year, as
5determined pursuant to subsection (f) of section 38, are less than $1,000,000, the minimum tax
6shall be $456.
7 (2) If the total sales of the corporation in the commonwealth during the taxable year, as
8determined pursuant to subsection (f) of section 38, are equal to or greater than $1,000,000 and
9less than $5,000,000, the minimum tax shall be $1,500. 2 of 2
10 (3) If the total sales of the corporation in the commonwealth during the taxable year, as
11determined pursuant to subsection (f) of section 38, are equal to or greater than $5,000,000 and
12less than $10,000,000, the minimum tax shall be $2,500.
13 (4) If the total sales of the corporation in the commonwealth during the taxable year, as
14determined pursuant to subsection (f) of section 38, are equal to or greater than $10,000,000 and
15less than $25,000,000, the minimum tax shall be $3,500.
16 (5) If the total sales of the corporation in the commonwealth during the taxable year, as
17determined pursuant to subsection (f) of section 38, are equal to or greater than $25,000,000 and
18less than $50,000,000, the minimum tax shall be $5,000.
19 (6) If the total sales of the corporation in the commonwealth during the taxable year, as
20determined pursuant to subsection (f) of section 38, are equal to or greater than $50,000,000 and
21less than $100,000,000, the minimum tax shall be $10,000.
22 (7) If the total sales of the corporation in the commonwealth during the taxable year, as
23determined pursuant to subsection (f) of section 38, are equal to or greater than $100,000,000
24and less than $500,000,000, the minimum tax shall be $25,000.
25 (8) If the total sales of the corporation in the commonwealth during the taxable year, as
26determined pursuant to subsection (f) of section 38, are equal to or greater than $500,000,000
27and less than $1,000,000,000, the minimum tax shall be $75,000.
28 (9) If the total sales of the corporation in the commonwealth during the taxable year, as
29determined pursuant to subsection (f) of section 38, are equal to or greater than $1,000,000,000
30the minimum tax shall be $150,000.