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H3044 • 2025

An Act relative to tax exemptions for contributions to a 401(k) through a sole proprietorship

An Act relative to tax exemptions for contributions to a 401(k) through a sole proprietorship

Taxes
Active

The official status still shows this bill as active or still awaiting another formal step.

Sponsor
Simon Cataldo
Last action
2026-04-21
Official status
Accompanied a study order, see H5313
Effective date
Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

An Act relative to tax exemptions for contributions to a 401(k) through a sole proprietorship

An Act relative to tax exemptions for contributions to a 401(k) through a sole proprietorship By Representative Cataldo of Concord, a petition (accompanied by bill, House, No.

What This Bill Does

  • An Act relative to tax exemptions for contributions to a 401(k) through a sole proprietorship By Representative Cataldo of Concord, a petition (accompanied by bill, House, No.
  • 3044) of Simon Cataldo relative to tax exemptions for contributions to 401(k)s through sole proprietorships.
  • Revenue.

Limits and Unknowns

  • This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Bill History

  1. 2026-04-21 House

    Accompanied a study order, see H5313

  2. 2026-02-17 House

    Reporting date extended to Wednesday, March 18, 2026

  3. 2025-11-18 Joint

    Hearing rescheduled to 11/18/2025 from 10:00 AM-11:00 AM in B-1 and Virtual Hearing updated to New End Time

  4. 2025-11-17 Joint

    Hearing rescheduled to 11/18/2025 from 10:00 AM-01:00 PM in B-1 and Virtual Hearing location changed

  5. 2025-11-07 Joint

    Hearing scheduled for 11/18/2025 from 10:00 AM-01:00 PM in A-1

  6. 2025-02-27 House

    Referred to the committee on Revenue

  7. 2025-02-27 Senate

    Senate concurred

Official Summary Text

An Act relative to tax exemptions for contributions to a 401(k) through a sole proprietorship
By Representative Cataldo of Concord, a petition (accompanied by bill, House, No. 3044) of Simon Cataldo relative to tax exemptions for contributions to 401(k)s through sole proprietorships. Revenue.

Current Bill Text

Read the full stored bill text 
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Bill H.3044

Paragraph (1) of subsection (d) of section 2 of chapter 62 of the General Laws, as appearing in the 2022 Official Edition, is hereby amended by striking out subparagraph (D).

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