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| 2 | 2 | | SENATE DOCKET, NO. 2291 FILED ON: 1/17/2025 |
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| 3 | 3 | | SENATE . . . . . . . . . . . . . . No. 2037 |
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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 | | Liz Miranda |
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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 to require public disclosures by publicly-traded corporate taxpayers. |
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| 13 | 13 | | _______________ |
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| 14 | 14 | | PETITION OF: |
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| 15 | 15 | | NAME:DISTRICT/ADDRESS :Liz MirandaSecond Suffolk 1 of 2 |
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| 16 | 16 | | SENATE DOCKET, NO. 2291 FILED ON: 1/17/2025 |
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| 17 | 17 | | SENATE . . . . . . . . . . . . . . No. 2037 |
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| 18 | 18 | | By Ms. Miranda, a petition (accompanied by bill, Senate, No. 2037) of Liz Miranda for |
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| 19 | 19 | | legislation to require public disclosures by publicly-traded corporate taxpayers. Revenue. |
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| 20 | 20 | | [SIMILAR MATTER FILED IN PREVIOUS SESSION |
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| 21 | 21 | | SEE SENATE, NO. 1875 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 to require public disclosures by publicly-traded corporate taxpayers. |
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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 83 of chapter 62C of the General Laws, as appearing in the 2016 |
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| 31 | 31 | | 2Official Edition, is hereby amended by striking from the last sentence of subsection (a) the |
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| 32 | 32 | | 3words, “; but the report or amended report shall be available for public inspection only after the |
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| 33 | 33 | | 4state secretary has expunged the name of the taxpayer and the location, including street address, |
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| 34 | 34 | | 5of the taxpayer’s principal office as required by subsection (n)” |
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| 35 | 35 | | 6 SECTION 2. Said Section 83, as so appearing, is further amended by striking the period |
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| 36 | 36 | | 7at the end of subsection (m) and replacing it with the following: -- , together with a list of any |
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| 37 | 37 | | 8corporations required to file in the preceding year that failed to file a report in that year. |
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| 38 | 38 | | 9 SECTION 3. Said Section 83, as so appearing, is further amended by striking subsection |
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| 39 | 39 | | 10(n) and replacing it with the following: -- (n) The state secretary shall make all information 2 of 2 |
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| 40 | 40 | | 11contained in the reports required under this section for all filing corporations available to the |
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| 41 | 41 | | 12public on an ongoing basis in the form of a searchable database accessible through the internet. |
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| 42 | 42 | | 13The state secretary shall make available and set charges that cover the cost to the state of |
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| 43 | 43 | | 14providing copies on appropriate computer-readable media of the entire database for reports filed |
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| 44 | 44 | | 15during each calendar year, as well as hard copies of an individual annual report for a specific |
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| 45 | 45 | | 16corporation. No report for any corporation for a particular tax year shall be publicly available |
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| 46 | 46 | | 17until the first day of the third calendar year that follows the calendar year in which the particular |
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| 47 | 47 | | 18tax year ends. |
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