MA H3210

Exempts gains from the sale of a primary residence from the 4% surtax (Article 44 "fair share" tax) on income over $1 million, unless the gain equals or exceeds $2.5 million

Defines "primary residence" as a principal home or domicile occupied by a household member for at least 9 months prior to the sale date

Exemption applies in addition to any other existing exemptions under Section 3 of Chapter 62 of the General Laws

Amends Section 3 of Chapter 62 of the General Laws by adding a new subsection D