Bill Text: MA H2804 | 2009-2010 | 186th General Court | Introduced


Bill Title: Establishing a seperate capital gains tax fund for capital expenditures

Sponsorship: Partisan Bill (Democrat 1)

Status: (Introduced - Dead) 2009-01-20 - Public Hearing date 7/22 at 10:00 AM in Hearing Room B2 [H2804 Detail]

Download: Massachusetts-2009-H2804-Introduced.html

The Commonwealth of Massachusetts

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PRESENTED BY:

Robert M. Koczera

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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 passage of the accompanying bill:

An Act establishing a separate capital gains tax fund.

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PETITION OF:

 

Name:

District/Address:

Robert M. Koczera

11th Bristol


 

The Commonwealth of Massachusetts

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In the Year Two Thousand and Nine

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An Act establishing a separate capital gains tax fund.



��������������� Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:

SECTION1.���� The Department of Revenue shall derive an average for capital gains tax receipts and that any amount above the average shall be deposited into a capital gains fund to be used exclusively for capital expenditures.

 

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