HB 1531-FN (2024): relative to allowing a business profits tax adjustment for the depreciation deduction permitted under Internal Revenue Code Section 168(k).
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 1531-FN (2024): relative to allowing a business profits tax adjustment for the depreciation deduction permitted under Internal Revenue Code Section 168(k).” Granite Record, https://graniterecord.org/bill/2024/hb1531. Accessed 24 Oct. 2026.
- APA
- Granite Record. (n.d.). HB 1531-FN (2024): relative to allowing a business profits tax adjustment for the depreciation deduction permitted under Internal Revenue Code Section 168(k). Retrieved 24 Oct. 2026, from https://graniterecord.org/bill/2024/hb1531
- Chicago
- Granite Record. “HB 1531-FN (2024): relative to allowing a business profits tax adjustment for the depreciation deduction permitted under Internal Revenue Code Section 168(k).” Accessed 24 Oct. 2026. https://graniterecord.org/bill/2024/hb1531.
- BibTeX
@misc{bill-2024-hb1531, title = {HB 1531-FN (2024): relative to allowing a business profits tax adjustment for the depreciation deduction permitted under Internal Revenue Code Section 168(k).}, howpublished = {Granite Record}, url = {https://graniterecord.org/bill/2024/hb1531}, note = {Accessed 24 Oct. 2026} }
HB 1531-FN (2024)
relative to allowing a business profits tax adjustment for the depreciation deduction permitted under Internal Revenue Code Section 168(k).
- Status: Killed
- Term: 2023-2024
- House committee: Ways and Means
- Subject: Taxes - State
The Story
It was introduced on January 3, 2024 and referred to the House Ways and Means committee. The committee held a public hearing on January 16, 2024, with 3 people signed in online: 2 in support and 1 as neutral. The committee held a work session on February 5, 2024. The committee met in executive session on February 6, 2024 to vote on its recommendation. The committee voted unanimously, 20–0, to recommend that the House kill it, and the report was placed on the consent calendar. On February 15, 2024 the House voted to kill it on a voice vote.
Sponsors
- Rep. John Janigian (R - Rock 25) (prime sponsor)
- Rep. Jordan Ulery (R - Hills 13)
- Rep. Thomas Schamberg (D - Merr 6)
- Rep. Fred Plett (R - Hills 29)
Hearings and Sessions
- January 16, 2024, 11:00 AM: public hearing, House Ways and Means, LOB 202-204
- February 5, 2024, 10:00 AM: full committee work session, House Ways and Means, LOB 202-204
- February 6, 2024, 1:00 PM: executive session, House Ways and Means, LOB 202-204
Votes
- February 15, 2024, House: Inexpedient to Legislate — voice vote, passed
The Docket
- January 3, 2024: Introduced 01/03/2024 and referred to Ways and Means
- January 16, 2024: Public Hearing: 01/16/2024 11:00 am LOB 202-204
- February 5, 2024: Full committee Work Session: 02/05/2024 10:00 am LOB 202-204
- February 6, 2024: Executive Session: 02/06/2024 01:00 pm LOB 202-204
- February 6, 2024: Committee Report: Inexpedient to Legislate 02/06/2024 (Vote 20-0; CC)
- February 15, 2024: Inexpedient to Legislate: MA VV 02/15/2024