S2043 • 2025

An Act relative to the taxation of small business in the commonwealth

Small Business Taxes

Active

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

Sponsor: Michael O. Moore
Last action: 2026-04-01
Official status: Reporting date extended to Thursday June 25, 2026
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 the taxation of small business in the commonwealth

An Act relative to the taxation of small business in the commonwealth By Mr.

What This Bill Does

An Act relative to the taxation of small business in the commonwealth By Mr.
Moore, a petition (accompanied by bill, Senate, No.
2043) of Michael O.
Moore for legislation relative to the taxation of small business in the commonwealth.

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

2026-04-01 Senate
Reporting date extended to Thursday June 25, 2026
2025-10-03 Joint
Hearing rescheduled to 10/03/2025 from 10:00 AM-12:35 PM in Gardner Auditorium Hearing updated to New End Time
2025-09-24 Joint
Hearing scheduled for 10/03/2025 from 10:00 AM-05:00 PM in Gardner Auditorium
2025-02-27 Senate
Referred to the committee on Revenue
2025-02-27 House
House concurred

Official Summary Text

An Act relative to the taxation of small business in the commonwealth
By Mr. Moore, a petition (accompanied by bill, Senate, No. 2043) of Michael O. Moore for legislation relative to the taxation of small business in the commonwealth. Revenue.

Current Bill Text

Read the full stored bill text

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Bill S.2043

SECTION 1. Section 32D of chapter 63 of the General Laws, as appearing in the 2022 Official Edition, is hereby amended by striking out the figure “$6,000,000”, each time it appears, and inserting in place thereof the following figure:- “12,000,000"; and,

Said section is hereby further amended by striking out the figure “9,000,000””, each time it appears, and inserting in place thereof the following figure:- “18,000,000”.

SECTION 2. For the purposes of this section, the total receipts thresholds shall increase by the percentage of the Consumer Price Index from the previous calendar year issued by the federal Bureau of Labor Statistics or shall remain the same in the even of a decrease in the Consumer Price Index.

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