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MA S1970

Bill

Official Source

Status

Introduced

2/27/2025

Primary Sponsor

Lydia Edwards

Click for details

Origin

Senate

194th General Court

AI Summary

  • Increases the rent deduction cap from $3,000 to $9,000 in Massachusetts General Laws Chapter 62

  • Creates a new tax credit for renters whose principal residence is in Massachusetts and whose adjusted gross income does not exceed $75,000

  • Credit equals 15% of 50% of total rent paid above $12,000 annually

  • Maximum credit capped at $3,000 for single filers, spouses, or heads of household

  • Filed by Senator Lydia Edwards (Third Suffolk) on January 15, 2025

Legislative Description

Providing renter relief tax credit

Last Action

Hearing scheduled for 09/15/2025 from 01:00 PM-05:00 PM in A-2

9/4/2025

Committee Referrals

Revenue2/27/2025

Full Bill Text

No bill text available