POR 2018-95
City Council support of House Bill 3857, “An Act providing tax relief for rent-burdened individuals and families."
Present and voting at this meeting (9)
Alanna Mallon
Craig A. Kelley
Dennis Carlone
E. Denise Simmons
Jan Devereux
Marc McGovern
Quinton Zondervan
Sumbul Siddiqui
Timothy J. Toomey
The Commonwealth of Massachusetts
______________________________________ HOUSE OF REPRESENTATIVES, August 3, 2017. The committee on Revenue to whom was referred the petition (accompanied by bill, House, No. 1535) of Kevin G. Honan and others relative to the tax deduction for rental payments, reports recommending that the accompanying bill (House, No. 3857) ought to pass [Representative Durant of Spencer dissents]. For the committee, JAY R. KAUFMAN. 2 of 3
FILED ON: 7/27/2017
HOUSE . . . . . . . . . . . . . . . No. 3857
The Commonwealth of Massachusetts
_______________
In the One Hundred and Ninetieth General Court
(2017-2018) _______________ An Act providing tax relief for rent-burdened individuals and families. 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. Subsection (a) of Part B of section 3 of chapter 62 of the General Laws, as 2 appearing in the 2016 Official Edition, is hereby amended by striking out subparagraph (9) and 3 inserting in place thereof the following subparagraph:- 4 (9) In the case of an individual who pays rent for his principal place of residence and 5 such residence is located in the commonwealth, an amount equal to 50 per cent of such rent; 6 provided, however, that such deduction shall not exceed $4,100 for a single person, for a person 7 that qualifies as a head of household under section 2(b) of the Code, or for a married couple, 8 increased by an amount equal to the deduction limit multiplied by the cost-of-living adjustment 9 for the calendar year in which the taxable year begins; provided further, that the household 10 income of eligible taxpayers shall not exceed 100 per cent of the area median income, as defined 11 by the United States Department of Housing and Urban Development. For the purposes of this 12 subparagraph, the term “cost-of-living adjustment” means, for any calendar year, the percentage, 13 if any, by which the consumer price index for the preceding calendar year exceeds the consumer 3 of 3 14 price index, as defined in section 1 of the Code, for calendar year 2017. The commissioner shall 15 adopt regulations necessary for the implementation of this subparagraph. 16 SECTION 2. This act shall apply to taxable years beginning on or after January 1, 2018.