HB 611-FN-A (2012): relative to determination of the reasonable compensation deduction under the business profits tax.

Cite this page

Granite Record indexes the General Court’s record; it is not that record. Where a citation allows only one source, cite the General Court — every page here links to what it is drawn from. The date below is the day the page was read.

MLA
“HB 611-FN-A (2012): relative to determination of the reasonable compensation deduction under the business profits tax.” Granite Record, https://graniterecord.org/bill/2012/hb611. Accessed 24 Oct. 2026.
APA
Granite Record. (n.d.). HB 611-FN-A (2012): relative to determination of the reasonable compensation deduction under the business profits tax. Retrieved 24 Oct. 2026, from https://graniterecord.org/bill/2012/hb611
Chicago
Granite Record. “HB 611-FN-A (2012): relative to determination of the reasonable compensation deduction under the business profits tax.” Accessed 24 Oct. 2026. https://graniterecord.org/bill/2012/hb611.
BibTeX
@misc{bill-2012-hb611, title = {HB 611-FN-A (2012): relative to determination of the reasonable compensation deduction under the business profits tax.}, howpublished = {Granite Record}, url = {https://graniterecord.org/bill/2012/hb611}, note = {Accessed 24 Oct. 2026} }

HB 611-FN-A (2012)

relative to determination of the reasonable compensation deduction under the business profits tax.

  • Status: Referred for interim study
  • Term: 2011-2012
  • House committee: Ways and Means
  • Subject: Taxes - State

The Story

It was introduced on January 6, 2011 and referred to the House Ways and Means committee. The committee held a public hearing on March 9, 2011. The committee met in executive session on March 9, 2011 to vote on its recommendation. The committee retained the bill, holding it for further work rather than reporting it out this year. The committee held a work session on June 7, 2011. The committee met in executive session on October 26, 2011 and October 27, 2011. The committee reported: Refer to Interim Study for Jan 4 unanimously, 20–0. On January 4, 2012 the House adopted “Refer to Interim Study” on a voice vote. The committee held work sessions on September 25, 2012 and October 2, 2012. The committee met in executive session on October 24, 2012 to vote on its recommendation. The committee reported back on its interim study of the bill: “Recommended for Legislation in 2013”, by a vote of 11 to 4.

Sponsors

Hearings and Sessions

  • March 9, 2011, 10:00 AM: public hearing, House Ways and Means, LOB 202
  • March 9, 2011, 1:00 PM: executive session, House Ways and Means
  • June 7, 2011, 10:00 AM: full committee work session, House Ways and Means, LOB 202
  • October 26, 2011, 1:00 PM: executive session, House Ways and Means, LOB 202
  • October 27, 2011, 1:00 PM: executive session, House Ways and Means, LOB 202
  • September 25, 2012, 10:30 AM: subcommittee work session, House Ways and Means, LOB 202
  • October 2, 2012, 11:00 AM: subcommittee work session, House Ways and Means, LOB 202
  • October 24, 2012, 10:00 AM: executive session, House Ways and Means, LOB 202

Votes

  • January 4, 2012, House: Refer to Interim Study — voice vote, passed

The Docket

  • January 6, 2011: Introduced 1/6/2011 and Referred to Ways and Means
  • February 22, 2011: ==CANCELLED== Public Hearing: 2/22/2011 1:00 PM LOB 202
  • March 7, 2011: ==CANCELLED== Public Hearing: 3/7/2011 10:00 AM LOB 202
  • March 9, 2011: Public Hearing: 3/9/2011 10:00 AM LOB 202
  • March 9, 2011: Executive Session: 3/9/2011 1:00 PM LOB 202 ==TIME CHANGE (Orig 2:00 PM)==
  • March 9, 2011: Retained in Committee
  • June 7, 2011: Retained Bill - Full Committee Work Session: 6/7/2011 10:00 AM LOB 202
  • October 26, 2011: Retained Bill - Executive Session: 10/26/2011 1:00 PM LOB 202
  • October 27, 2011: Retained Bill - Rescheduled Executive Session 10/27/2011 1:00 PM LOB 202
  • November 2, 2011: Committee Report: Refer to Interim Study for Jan 4 (Vote 20-0; CC)
  • January 4, 2012: Refer to Interim Study: MA VV
  • June 7, 2012: Referred to Ways and Means for Interim Study
  • September 25, 2012: Interim Study - Subcommittee Work Session: 9/25/2012 10:30 AM LOB 202
  • October 2, 2012: Interim Study - Subcommittee Work Session: 10/2/2012 11:00 AM LOB 202
  • October 24, 2012: Interim Study - Executive Session: 10/24/2012 10:00 AM LOB 202
  • October 24, 2012: Interim Study Report: Recommended for Legislation in 2013 (Vote 11-4)

Laws It Would Change

Related Bills

  • SB 476-FN (2010): clarifying the business profits tax deduction for reasonable compensation.
  • HB 557-FN-A (2011): relative to the standards and burden of proof with respect to the business profits tax deduction for reasonable compensation attributable to owners of partnerships, limited liability companies, and sole proprietorships.

From the General Court