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| 2 | 2 | | HOUSE DOCKET, NO. 3696 FILED ON: 1/17/2025 |
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| 3 | 3 | | HOUSE . . . . . . . . . . . . . . . No. 3127 |
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| 4 | 4 | | The Commonwealth of Massachusetts |
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| 5 | 5 | | _________________ |
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| 6 | 6 | | PRESENTED BY: |
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| 7 | 7 | | Kevin G. Honan |
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| 8 | 8 | | _________________ |
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| 9 | 9 | | To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General |
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| 10 | 10 | | Court assembled: |
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| 11 | 11 | | The undersigned legislators and/or citizens respectfully petition for the adoption of the accompanying bill: |
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| 12 | 12 | | An Act providing tax relief for rent-burdened individuals and families. |
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| 13 | 13 | | _______________ |
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| 14 | 14 | | PETITION OF: |
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| 15 | 15 | | NAME:DISTRICT/ADDRESS :DATE ADDED:Kevin G. Honan17th Suffolk1/17/2025 1 of 2 |
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| 16 | 16 | | HOUSE DOCKET, NO. 3696 FILED ON: 1/17/2025 |
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| 17 | 17 | | HOUSE . . . . . . . . . . . . . . . No. 3127 |
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| 18 | 18 | | By Representative Honan of Boston, a petition (accompanied by bill, House, No. 3127) of Kevin |
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| 19 | 19 | | G. Honan relative to the tax deduction for rental payments. Revenue. |
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| 20 | 20 | | [SIMILAR MATTER FILED IN PREVIOUS SESSION |
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| 21 | 21 | | SEE HOUSE, NO. 2830 OF 2023-2024.] |
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| 22 | 22 | | The Commonwealth of Massachusetts |
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| 23 | 23 | | _______________ |
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| 24 | 24 | | In the One Hundred and Ninety-Fourth General Court |
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| 25 | 25 | | (2025-2026) |
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| 26 | 26 | | _______________ |
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| 27 | 27 | | An Act providing tax relief for rent-burdened individuals and families. |
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| 28 | 28 | | Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority |
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| 29 | 29 | | of the same, as follows: |
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| 30 | 30 | | 1 SECTION 1. Section 3(B)(a)(9) of Chapter 62 of the General Laws, as appearing in the |
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| 31 | 31 | | 22018 Official Edition, is hereby amended by striking out the text and inserting in place thereof |
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| 32 | 32 | | 3the following:- |
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| 33 | 33 | | 4 (9) In the case of an individual who pays rent for his principal place of residence and |
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| 34 | 34 | | 5such residence is located in the commonwealth, an amount equal to 50 per cent of such rent; |
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| 35 | 35 | | 6provided, however, that such deduction shall not exceed $4,100 for a single person, for a person |
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| 36 | 36 | | 7that qualifies as a head of household under section two (b) of the Code, or for spouses, increased |
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| 37 | 37 | | 8by an amount equal to the deduction limit multiplied by the cost-of-living adjustment for the |
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| 38 | 38 | | 9calendar year in which the taxable year begins; provided, that the household income of eligible |
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| 39 | 39 | | 10taxpayers shall not exceed 100 percent of the area median income, as defined by the United 2 of 2 |
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| 40 | 40 | | 11States Department of Housing and Urban Development. For the purposes of this section, the term |
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| 41 | 41 | | 12“cost-of-living adjustment” means, for any calendar year, the percentage, if any, by which the |
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| 42 | 42 | | 13consumer price index for the preceding calendar year exceeds the consumer price index, as |
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| 43 | 43 | | 14defined in section 1 of the Code, for calendar year 2021. The commissioner shall adopt |
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| 44 | 44 | | 15regulations necessary for the implementation of this section. |
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| 45 | 45 | | 16 SECTION 2. This act shall apply to taxable years beginning on or after January 1, 2022. |
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