By Mr. deMacedo of Plymouth, petition (accompanied by bill, House, No. 2884) of Viriato Manuel deMacedo for legislation to authorize tax free contributions to a trust for the care of incapacitated parents or guardians.  Revenue.

The Commonwealth of Massachusetts

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PETITION OF:

Viriato Manuel deMacedo

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In the Year Two Thousand and Seven.

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An Act authorizing tax free contributions to a trust for the care of incapacitated persons.

    Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:

SECTION 1. Chapter 62 of the General Laws, as appearing in the 2000 Official Edition is hereby amended by inserting after section 6I the following section:—
Section 6J. A parent or guardian of a person who is disabled, as defined in the federal Social Security Act, 42 U.S.C. §1382c (a)(3)(A), may contribute an amount not to exceed ten percent of his gross income to a supplemental needs trust for the care of such disabled person and such contribution shall be exempt from taxation under the provisions of this chapter.
For purposes of this paragraph, a “supplemental needs trust” shall provide a supplemental source for payment of goods and services that are not otherwise available from any publicly funded benefit program or higher quality of care than is otherwise available.