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| 2 | 2 | | HOUSE DOCKET, NO. 1526 FILED ON: 1/15/2025 |
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| 3 | 3 | | HOUSE . . . . . . . . . . . . . . . No. 3165 |
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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 | | Jay D. Livingstone |
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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 protecting the interests of housing cooperative shareholders. |
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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:Jay D. Livingstone8th Suffolk1/15/2025 1 of 1 |
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| 16 | 16 | | HOUSE DOCKET, NO. 1526 FILED ON: 1/15/2025 |
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| 17 | 17 | | HOUSE . . . . . . . . . . . . . . . No. 3165 |
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| 18 | 18 | | By Representative Livingstone of Boston, a petition (accompanied by bill, House, No. 3165) of |
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| 19 | 19 | | Jay D. Livingstone relative to tax deductions for housing cooperative shareholders. Revenue. |
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| 20 | 20 | | The Commonwealth of Massachusetts |
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| 21 | 21 | | _______________ |
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| 22 | 22 | | In the One Hundred and Ninety-Fourth General Court |
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| 23 | 23 | | (2025-2026) |
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| 24 | 24 | | _______________ |
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| 25 | 25 | | An Act protecting the interests of housing cooperative shareholders. |
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| 26 | 26 | | Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority |
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| 27 | 27 | | of the same, as follows: |
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| 28 | 28 | | 1 Section 3 of chapter 62 of the General Laws, as appearing in the 2022 Official Edition, is |
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| 29 | 29 | | 2hereby amended by inserting after the word “wife.”, in line 111, the following words:- Said |
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| 30 | 30 | | 3deduction shall be available to a resident shareholder of a housing cooperative organized under |
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| 31 | 31 | | 4chapter 156B or chapter 157 who has resided in his or her cooperative unit throughout the tax |
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| 32 | 32 | | 5year and has not claimed a deduction for real estate taxes or mortgage interest on the resident |
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| 33 | 33 | | 6shareholder’s federal income tax return. |
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