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| 2 | 2 | | SENATE DOCKET, NO. 1214 FILED ON: 1/15/2025 |
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| 3 | 3 | | SENATE . . . . . . . . . . . . . . No. 1970 |
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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 | | Lydia Edwards |
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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 renter relief tax credit. |
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| 13 | 13 | | _______________ |
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| 14 | 14 | | PETITION OF: |
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| 15 | 15 | | NAME:DISTRICT/ADDRESS :Lydia EdwardsThird Suffolk 1 of 1 |
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| 16 | 16 | | SENATE DOCKET, NO. 1214 FILED ON: 1/15/2025 |
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| 17 | 17 | | SENATE . . . . . . . . . . . . . . No. 1970 |
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| 18 | 18 | | By Ms. Edwards, a petition (accompanied by bill, Senate, No. 1970) of Lydia Edwards for |
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| 19 | 19 | | legislation to provide an increase in the renter relief tax credit. 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 providing renter relief tax credit. |
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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 1. Subparagraph (9) of paragraph (a) of part B of section 3 of chapter 62 of the |
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| 29 | 29 | | 2General Laws, as appearing in the 2022 Official Edition, is hereby amended by striking out the |
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| 30 | 30 | | 3figure “$3,000”, in line 109, and inserting in place thereof the following figure:- $9,000. |
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| 31 | 31 | | 4 SECTION 2. Section 6 of said chapter 62, as amended by section 57 of chapter 358 of the |
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| 32 | 32 | | 5acts of 2020, is hereby amended by adding the following subsection:- |
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| 33 | 33 | | 6 (x) a taxpayer who pays rent for their principal place of residence and such residence is |
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| 34 | 34 | | 7located in the commonwealth shall be allowed a credit against the taxes imposed by the chapter |
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| 35 | 35 | | 8if the taxpayer’s Part B adjusted gross income is not more than $75,000. The credit shall be an |
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| 36 | 36 | | 9amount equal to 15 per cent of 50 per cent of the total rent paid by the taxpayer in excess of |
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| 37 | 37 | | 10$12,000; provided, however, that the credit shall not exceed $3,000 for a single person, spouse or |
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| 38 | 38 | | 11a person that qualifies as head of household under section 2(b) of the Code. |
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