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SENATE DOCKET, NO. 1407 FILED ON: 1/16/2025
SENATE . . . . . . . . . . . . . . No. 2015
The Commonwealth of Massachusetts
_________________
PRESENTED BY:
Adam Gomez
_________________
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 :Adam GomezHampdenMichael J. BarrettThird Middlesex2/4/2025Manny Cruz7th Essex2/12/2025 1 of 3
SENATE DOCKET, NO. 1407 FILED ON: 1/16/2025
SENATE . . . . . . . . . . . . . . No. 2015
By Mr. Gomez, a petition (accompanied by bill, Senate, No. 2015) of Adam Gomez, Michael J.
Barrett and Manny Cruz for legislation to establish a tiered corporate minimum tax. Revenue.
[SIMILAR MATTER FILED IN PREVIOUS SESSION
SEE SENATE, NO. 1835 OF 2023-2024.]
The Commonwealth of Massachusetts
_______________
In the One Hundred and Ninety-Fourth General Court
(2025-2026)
_______________
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 1. Section 39 of chapter 63 of the General Laws, as appearing in the 2022
2Official Edition, is amended by striking out subsection (b) and inserting in place thereof the
3following subsection:-
4 (b) A minimum tax as follows:
5 (1) If the total sales of the corporation in the commonwealth during the taxable year, as
6determined pursuant to subsection (f) of section 38, are less than $1,000,000, the minimum tax
7shall be $456.
8 (2) If the total sales of the corporation in the commonwealth during the taxable year, as
9determined pursuant to subsection (f) of section 38, are equal to or greater than $1,000,000 and
10less than $5,000,000, the minimum tax shall be $1,500. 2 of 3
11 (3) If the total sales of the corporation in the commonwealth during the taxable year, as
12determined pursuant to subsection (f) of section 38, are equal to or greater than $5,000,000 and
13less than $10,000,000, the minimum tax shall be $2,500.
14 (4) If the total sales of the corporation in the commonwealth during the taxable year, as
15determined pursuant to subsection (f) of section 38, are equal to or greater than $10,000,000 and
16less than $25,000,000, the minimum tax shall be $3,500.
17 (5) If the total sales of the corporation in the commonwealth during the taxable year, as
18determined pursuant to subsection (f) of section 38, are equal to or greater than $25,000,000 and
19less than $50,000,000, the minimum tax shall be $5,000.
20 (6) If the total sales of the corporation in the commonwealth during the taxable year, as
21determined pursuant to subsection (f) of section 38, are equal to or greater than $50,000,000 and
22less than $100,000,000, the minimum tax shall be $10,000.
23 (7) If the total sales of the corporation in the commonwealth during the taxable year, as
24determined pursuant to subsection (f) of section 38, are equal to or greater than $100,000,000
25and less than $500,000,000, the minimum tax shall be $25,000.
26 (8) If the total sales of the corporation in the commonwealth during the taxable year, as
27determined pursuant to subsection (f) of section 38, are equal to or greater than $500,000,000
28and less than $1,000,000,000, the minimum tax shall be $75,000.
29 (9) If the total sales of the corporation in the commonwealth during the taxable year, as
30determined pursuant to subsection (f) of section 38, are equal to or greater than $1,000,000,000
31the minimum tax shall be $150,000. 3 of 3
32 SECTION 2. This Act shall apply to tax years beginning on or after January 1, 2026.