HB 1669-FN-A-LOCAL (1998): adding a capital gains tax to the interest and dividends tax, and designating all revenues from the interest and dividends tax for funding education.

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“HB 1669-FN-A-LOCAL (1998): adding a capital gains tax to the interest and dividends tax, and designating all revenues from the interest and dividends tax for funding education.” Granite Record, https://graniterecord.org/bill/1998/hb1669. Accessed 24 Oct. 2026.
APA
Granite Record. (n.d.). HB 1669-FN-A-LOCAL (1998): adding a capital gains tax to the interest and dividends tax, and designating all revenues from the interest and dividends tax for funding education. Retrieved 24 Oct. 2026, from https://graniterecord.org/bill/1998/hb1669
Chicago
Granite Record. “HB 1669-FN-A-LOCAL (1998): adding a capital gains tax to the interest and dividends tax, and designating all revenues from the interest and dividends tax for funding education.” Accessed 24 Oct. 2026. https://graniterecord.org/bill/1998/hb1669.
BibTeX
@misc{bill-1998-hb1669, title = {HB 1669-FN-A-LOCAL (1998): adding a capital gains tax to the interest and dividends tax, and designating all revenues from the interest and dividends tax for funding education.}, howpublished = {Granite Record}, url = {https://graniterecord.org/bill/1998/hb1669}, note = {Accessed 24 Oct. 2026} }

HB 1669-FN-A-LOCAL (1998)

adding a capital gains tax to the interest and dividends tax, and designating all revenues from the interest and dividends tax for funding education.

  • Status: Killed
  • Term: 1997-1998
  • House committee: Finance
  • Subject: Taxes - State

The Story

It was introduced on February 18, 1998 and referred to the House Finance committee. On February 19, 1998 the House adopted “Suspend Rules for deadline (on 02/12/1998)”, on a motion by Rep. Wheeler & Burling. On March 12, 1998 the House adopted “Suspend Rules change rept date to 05/13/1998”, on a motion by Rep. Wheeler & Burling. The committee held a public hearing on March 16, 1998. The committee held work sessions on March 26, 1998 and April 2, 1998. On April 9, 1998 the House adopted “Suspend Rules change rept date to 05/14/1998”, on a motion by Rep. Wheeler & Burling. The committee held a work session on April 14, 1998. On May 14, 1998 the House adopted “Suspend Rules for deadline to 05/28/1998”, on a motion by Rep. Wheeler & Burling. On May 28, 1998 the House adopted “Suspend Rules for all deadlines”, on a motion by Rep. Wheeler & A Merrill. The committee held a work session on June 25, 1998. The majority of the committee recommended that the House kill it by a vote of 17–2. On September 24, 1998 the House voted to kill it on a voice vote.

Sponsors

  • Rep. Almy (Graf 14) (prime sponsor)

Hearings and Sessions

  • March 16, 1998, 10:45 AM: hearing, House Finance, RMS210-211,LOB
  • March 26, 1998, 1:30 PM: work session, House Finance, RM209,LOB
  • April 2, 1998, 1:00 PM: subcommittee work session, House Finance, RM209,LOB
  • April 14, 1998, 10:00 AM: subcommittee work session, House Finance, RM209,LOB

Votes

  • September 24, 1998, House: Inexpedient to Legislate — voice vote, passed

The Docket

  • February 18, 1998: INTRODUCED (APPROVED BY RULES) AND REF TO FINANCE; HJ21,P1079
  • February 19, 1998: REPS WHEELER & BURLING SUSP RULES FOR DEADLINE (ON 2/12/98), MA 2/3VV; HJ15,P714
  • March 12, 1998: REPS WHEELER & BURLING SUSP RULES, CHANGE REPT DATE TO MAY13, MA 2/3VV; HJ24,P1238
  • March 16, 1998: HEARING MAR16 10:45 RMS210-211,LOB FOR: FINANCE
  • March 26, 1998: DIV II WORK & EXEC SESS MAR26 1:30 RM209,LOB FOR: FINANCE
  • April 2, 1998: DIV II SUBCOM WORK SESSION APR02 1:00 RM209,LOB FOR:FINANCE
  • April 9, 1998: REPS WHEELER & BURLING SUSP RULES, CHANGE REPT DATE TO MAY14, MA 2/3VV; HJ34,P1464
  • April 14, 1998: DIV II SUBCOM WORK SESS APR14 10:00 RM209,LOB FOR: FINANCE
  • May 14, 1998: REPS WHEELER & BURLING SUSP RULES FOR DEADLINE TO MAY28, MA 2/3VV; HJ45,P1861
  • May 28, 1998: REPS WHEELER & A MERRILL SUSP RULES FOR ALL DEADLINES, MA 2/3VV; HJ51,P2040
  • June 25, 1998: DIVII & FULL COMM WK & EX SESS JUN25 10:00 RMS210-211,LOB :FIN
  • September 1, 1998: MAJ REPORT ITL FOR SEP10 (VOTE 17-2)
  • September 10, 1998: MOVED TO SEP16 WITHOUT OBJECTION
  • September 16, 1998: MOVED TO SEP24 WITHOUT OBJECTION
  • September 24, 1998: REP COOPER MOVED TO LAY REMAINDER OF CAL ON TABLE, ML RC(133-163) HJ78,P2521-2523
  • September 24, 1998: ITL REPORT ADOPTED VV; HJ78,P2523

Laws It Would Change

From the General Court