HB 1567-FN-A (2020): relative to worldwide combined reporting for unitary businesses under the business profits tax.

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@misc{bill-2020-hb1567, title = {HB 1567-FN-A (2020): relative to worldwide combined reporting for unitary businesses under the business profits tax.}, howpublished = {Granite Record}, url = {https://graniterecord.org/bill/2020/hb1567}, note = {Accessed 24 Oct. 2026} }

HB 1567-FN-A (2020)

relative to worldwide combined reporting for unitary businesses under the business profits tax.

  • Status: Referred for interim study
  • Term: 2019-2020
  • House committee: Ways and Means
  • Subject: Taxes - State

The Story

It was introduced on January 8, 2020 and referred to the House Ways and Means committee. The committee held a public hearing on January 21, 2020. The committee held work sessions on January 30, 2020, February 12, 2020 and February 18, 2020. The committee met in executive session on March 3, 2020 to vote on its recommendation. The committee voted unanimously, 20–0, to recommend that the House study it after the session ends, and the report was placed on the consent calendar. On March 11, 2020 the House voted to study it after the session ends on a voice vote. The committee held a work session on September 11, 2020. The committee reported back on its interim study of the bill: “Recommended for Future Legislation”, by a vote of 17 to 1.

Sponsors

Hearings and Sessions

  • January 21, 2020, 10:00 AM: public hearing, House Ways and Means, LOB 202
  • January 30, 2020, 1:00 PM: subcommittee work session, House Ways and Means, LOB 202
  • February 12, 2020, 10:00 AM: subcommittee work session, House Ways and Means, LOB 202
  • February 18, 2020, 1:00 PM: full committee work session, House Ways and Means, LOB 202
  • March 3, 2020, 1:00 PM: executive session, House Ways and Means, LOB 202
  • September 11, 2020, 10:00 AM: full committee work session, House Ways and Means

Votes

  • March 11, 2020, House: Refer for Interim Study — voice vote, passed

The Docket

  • January 8, 2020: Introduced 01/08/2020 and referred to Ways and Means
  • January 21, 2020: Public Hearing: 01/21/2020 10:00 am LOB 202
  • January 30, 2020: Subcommittee Work Session: 01/30/2020 01:00 pm LOB 202
  • February 12, 2020: Subcommittee Work Session: 02/12/2020 10:00 am LOB 202
  • February 18, 2020: Full Committee Work Session: 02/18/2020 01:00 pm LOB 202
  • March 3, 2020: Executive Session: 03/03/2020 01:00 pm LOB 202
  • March 11, 2020: Committee Report: Refer for Interim Study for 03/11/2020 (Vote 20-0; CC)
  • March 11, 2020: Refer for Interim Study: MA VV 03/11/2020
  • September 11, 2020: Full Committee Work Session: 09/11/2020 10:00 am Members of the public may attend using this link: https://www.zoom.us/j/93008336579 - Executive Session to Follow
  • October 5, 2020: Interim Study Report: Recommended for Future Legislation (Vote 17-1)

Laws It Would Change

Related Bills

  • HB 121-FN (2024): relative to worldwide combined reporting for unitary businesses under the business profits tax.

From the General Court