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S1931 • 2025

An Act increasing the valuation limit for the senior circuit breaker

An Act increasing the valuation limit for the senior circuit breaker

Taxes
Active

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

Sponsor
William N. Brownsberger
Last action
2026-07-13
Official status
Referred to House Committee on Steering, Policy and Scheduling
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 increasing the valuation limit for the senior circuit breaker

An Act increasing the valuation limit for the senior circuit breaker By Mr.

What This Bill Does

  • An Act increasing the valuation limit for the senior circuit breaker By Mr.
  • Brownsberger, a petition (accompanied by bill, Senate, No.
  • 1931) of William N.
  • Brownsberger for legislation to increase the valuation limit for the senior circuit breaker.

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. 2026-07-13 House

    Committee recommended ought NOT to pass and referred to the committee on House Steering, Policy and Scheduling

  2. 2026-04-01 Senate

    Reporting date extended to Thursday June 25, 2026

  3. 2025-06-12 Joint

    Hearing scheduled for 06/16/2025 from 01:00 PM-05:00 PM in A-1

  4. 2025-02-27 Senate

    Referred to the committee on Revenue

  5. 2025-02-27 House

    House concurred

Official Summary Text

An Act increasing the valuation limit for the senior circuit breaker
By Mr. Brownsberger, a petition (accompanied by bill, Senate, No. 1931) of William N. Brownsberger for legislation to increase the valuation limit for the senior circuit breaker. Revenue.
Status:
Referred to House Committee on Steering, Policy and Scheduling

Current Bill Text

Read the full stored bill text 
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Bill S.1931

Section 6 of chapter 62 of the General Laws, as appearing in the 2022 Official Edition, is amended by striking out

in paragraph (k)(3)(ii) the figure "$600,000" and replacing it with the figure "$1,800,000."

Said Section Section 6 of Chapter 62 of the General Laws is further amended in paragraph (k)(4) by inserting the words

", for a taxable year beginning on or after January 1, 2027, " before the words "the valuation limit in this subsection."

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