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By Mr. Frost of Auburn, petition (accompanied by bill, House, No. 2906) of Paul K. Frost relative to tax credits for child support. Revenue. |
The Commonwealth of Massachusetts
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PETITION OF:
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By Mr. Frost of Auburn, petition (accompanied by bill, House, No. 2906) of Paul K. Frost relative to tax credits for child support. Revenue. |
The Commonwealth of Massachusetts
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PETITION OF:
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In the Year Two Thousand and Seven.
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Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:
Section
6 of chapter 62 of the General Laws, as most recently amended by chapter 518 of
the acts of 1983, is hereby amended by adding after paragraph (d) the following
new paragraph:—
(e) A credit of two thousand dollars shall be allowed against the taxes due if
the taxpayer has provided more than one-half of the support for any offspring
who has not attained the age of eighteen before the taxable year, provided that
the child relative resided with the taxpayer for more than six months of the
taxable year. If the credit provided for in this section reduces that tax due
to zero, the taxpayer shall be entitled to a refund equal to the amount by
which the amount of the credit exceeded the amount of the tax due.