Sen. Ryan Fattman

Maddy summaryThis bill proposes creating a tax credit for Massachusetts residents who pay for licensed child care services for their dependents. It allows eligible taxpayers filing as single, married jointly, or head of household to claim up to $3,000 per child against their state tax liability. To qualify, the child care provider must be licensed by the Commonwealth, and if a couple files jointly, only one spouse can claim the credit. The legislation directly affects families seeking to offset the cost of licensed child care through their state taxes.

Maddy summaryThis bill allows Massachusetts businesses to claim a tax credit for money they use to help employees pay off student loans. To qualify, the employer must provide payments toward the principal or interest of a qualified education loan to an employee who lives in the state. The credit covers 100% of the assistance paid, up to a maximum of $4,500 per employee per year, and any unused portion can be carried forward for five years. This policy directly affects employers who offer student loan repayment benefits and the employees receiving those payments.

Maddy summaryThis bill establishes a temporary waiver for the Massachusetts motor vehicle fuel excise tax when gasoline or diesel prices rise by at least ten percent within a month and exceed specific thresholds of $3.50 and $4.00 per gallon, respectively. The Department of Revenue is authorized to skip collecting the tax during these periods based on data from the U.S. Energy Information Administration. Any tax revenue that would have been collected but was waived must be transferred to the state transportation fund within thirty days after the waiver ends.

Maddy summaryThis bill amends Massachusetts tax law to allow graduate students to deduct student loan interest from their state income taxes, a benefit previously available only to undergraduate borrowers. By adding the word "graduate" to the relevant tax code section, the legislation extends the existing deduction to anyone enrolled in a graduate program who pays interest on their loans. The change directly affects graduate students in Massachusetts who file state tax returns and wish to reduce their taxable income through this specific financial relief.

Maddy summaryThis bill proposes to lower the financial costs associated with adoption. It is sponsored by Ryan C. Fattman and is currently under consideration by the Revenue Committee. The specific methods for reducing these costs have not yet been detailed in the available summary. The legislation has been referred to the appropriate committee for further review and a hearing was scheduled for June 2023.

Maddy summaryThis bill creates a refundable tax credit for Massachusetts taxpayers who donate money to scholarship programs at accredited local schools. The credit is designed to help low- and moderate-income students who cannot afford tuition by funding scholarships for those specific students. Taxpayers who make a qualified donation receive a credit equal to 30 percent of their donation, up to a maximum of $250,000 per donation. The state has set an annual cap of $20 million in total tax credits available under this program. Additionally, the bill allows these credits to be claimed alongside federal charitable deductions for the same donations.

Maddy summaryThis bill updates Massachusetts laws to allow public bodies and town meetings to be held remotely or in hybrid formats while ensuring all participants can hear one another clearly. It mandates that these meetings remain open to the public and provides for remote voting by members, preventing them from being counted as absent. To maintain transparency, the legislation requires that the public have access to deliberations through live streaming or, if live access is not possible due to financial constraints, by posting a full transcript or recording on the organization's website. The bill also clarifies that remote participation must be offered without any fees or charges to the public.

Maddy summaryThis bill proposes to exempt residential security systems from sales tax in Massachusetts. It directly affects homeowners who purchase security equipment for their primary residences by removing the sales tax burden on these items. The key provision amends state law to exclude sales of security system equipment from taxation, provided the systems are installed in a person's main home. This change would lower the upfront cost for residents installing such systems without altering the tax structure for other goods or commercial properties.

By Representative Muratore of Plymouth, a petition (accompanied by bill, House, No. 2902) of Mathew J. Muratore and others relative to providing for an exemption from the motor vehicle excise tax for certain armed forces medal recipients. Revenue.

By Representative Muratore of Plymouth, a petition (accompanied by bill, House, No. 3525) of Mathew J. Muratore and others relative to parking at certain airports for disabled veterans. Veterans and Federal Affairs.