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Bill H.5007
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No. 5007
The Commonwealth of Massachusetts
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INITIATIVE PETITION OF
OFFICE OF THE SECRETARY.
BOSTON, JANUARY 3, 2018.
Timothy Carroll
Clerk of the House of Representatives
State House
Boston, Massachusetts 02133
Sincerely,
WILLIAM FRANCIS GALVIN
Secretary of the Commonwealth.
AN INITIATIVE PETITION.
Pursuant to Article XLVIII of the Amendments to the Constitution of the Commonwealth, as amended, the undersigned qualified voters of the Commonwealth, ten in number at least, hereby petition for the enactment into law of the following measure:
FILED ON: 2/4/2026
SECTION 1. Section 4 of chapter 62 of the General Laws as appearing in the 2024 Official Edition is hereby amended by striking out subparagraph (a)(l)(2) and subparagraph (b) and inserting in place thereof the following two subparagraphs —
(a) (l)(2) Part A taxable income consisting of interest and dividends shall be taxed at the rate of 4.67 per cent for the tax year beginning on January 1, 2027, 4.33 per cent for the tax year beginning on January 1, 2028, and 4.00 per cent for tax years beginning on or after January 1, 2029.
(b) Part B taxable income shall be taxed at the rate of 4.67 per cent for the tax year beginning on January 1, 2027, 4.33 per cent for the tax year beginning on January 1, 2028, and 4.00 per cent for tax years beginning on or after January 1, 2029.
SECTION 2. The provisions of this law are severable, and if any clause, sentence, paragraph or section of this chapter, or an application thereof, shall be adjudged by any court of competent jurisdiction to be invalid, such judgment shall not affect, impair, or invalidate the remainder thereof but shall be confined in its operation to the clause, sentence, paragraph, section, or application adjudged invalid.
FIRST TEN SIGNERS
Name
Residence
City or Town
CERTIFICATE OF THE ATTORNEY GENERAL.
Honorable William Francis Galvin
Secretary of the Commonwealth
One Ashburton Place, Room 1705
Boston, Massachusetts 02108
RE:
Initiative Petition No. 25-18: An Act relative to Reducing the State Personal Income Tax Rate from 5% To 4%
Dear Secretary Galvin:
In accordance with the provisions of Article 48 of the Amendments to the Massachusetts Constitution, I have reviewed the above-referenced initiative petition, which was submitted to me on or before the first Wednesday of August of this year.
I hereby certify that this measure is in proper form for submission to the people; that the measure is not, either affirmatively or negatively, substantially the same as any measure which has been qualified for submission or submitted to the people at either of the two preceding biennial state elections; and that it contains only subjects that are related or are mutually dependent and which are not excluded from the initiative process pursuant to Article 48, the Initiative, Part 2, Section 2.
In accordance with Article 48, I enclose a fair, concise summary of the measure.
Sincerely,
INSPECTOR GENERAL,
Attorney General.
Summary of 25-18.
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