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H3057

194th

An Act establishing a tiered corporate minimum tax

StatusActive Amendments0 SponsorMike Connolly CommitteeNot yet assigned

malegislature.gov ↗ · Download PDF · View Text on malegislature.gov

By Representative Connolly of Cambridge, a petition (accompanied by bill, House, No. 3057) of Mike Connolly and Manny Cruz relative to establishing a tiered corporate minimum tax. Revenue.

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Date	Branch	Action
4/2/2026	House	4/2/2026 HouseAccompanied a study order, see H5309 ↗
2/25/2026	House	2/25/2026 HouseReporting date extended to Wednesday, March 18, 2026
12/18/2025	House	12/18/2025 HouseReporting date extended to Friday, February 20, 2026
10/3/2025	Joint	10/3/2025 JointHearing rescheduled to 10/03/2025 from 10:00 AM-12:35 PM in Gardner Auditorium — Hearing updated to New End Time
9/24/2025	Joint	9/24/2025 JointHearing scheduled for 10/03/2025 from 10:00 AM-05:00 PM in Gardner Auditorium
2/27/2025	Senate	2/27/2025 SenateSenate concurred
2/27/2025	House	2/27/2025 HouseReferred to the committee on Revenue

Cosponsor
Mike Connolly Primary sponsor
Manny Cruz

Committee	Recommendation	Vote
J26	Accompanied	—

Bill	Title	Status
S2015	An Act establishing a tiered corporate minimum tax	Active

1 section(s) · formatted for easier reading

▸SECTION 39

of chapter 63 of the General Laws, as so appearing, is amended by striking out subsection (b) and inserting in place thereof the following subsection:--
	(b) A minimum tax as follows:
	(1) If the total sales of the corporation in the commonwealth during the taxable year, as determined pursuant to subsection (f) of section 38, are less than $1,000,000, the minimum tax shall be $456.
	(2) If the total sales of the corporation in the commonwealth during the taxable year, as determined pursuant to subsection (f) of section 38, are equal to or greater than $1,000,000 and less than $5,000,000, the minimum tax shall be $1,500.
	(3) If the total sales of the corporation in the commonwealth during the taxable year, as determined pursuant to subsection (f) of section 38, are equal to or greater than $5,000,000 and less than $10,000,000, the minimum tax shall be $2,500.
	(4) If the total sales of the corporation in the commonwealth during the taxable year, as determined pursuant to subsection (f) of section 38, are equal to or greater than $10,000,000 and less than $25,000,000, the minimum tax shall be $3,500.
	(5) If the total sales of the corporation in the commonwealth during the taxable year, as determined pursuant to subsection (f) of section 38, are equal to or greater than $25,000,000 and less than $50,000,000, the minimum tax shall be $5,000.
	(6) If the total sales of the corporation in the commonwealth during the taxable year, as determined pursuant to subsection (f) of section 38, are equal to or greater than $50,000,000 and less than $100,000,000, the minimum tax shall be $10,000.
	(7) If the total sales of the corporation in the commonwealth during the taxable year, as determined pursuant to subsection (f) of section 38, are equal to or greater than $100,000,000 and less than $500,000,000, the minimum tax shall be $25,000.
	(8) If the total sales of the corporation in the commonwealth during the taxable year, as determined pursuant to subsection (f) of section 38, are equal to or greater than $500,000,000 and less than $1,000,000,000, the minimum tax shall be $75,000.
	(9) If the total sales of the corporation in the commonwealth during the taxable year, as determined pursuant to subsection (f) of section 38, are equal to or greater than $1,000,000,000 the minimum tax shall be $150,000.

Show raw text

	Section 39 of chapter 63 of the General Laws, as so appearing, is amended by striking out subsection (b) and inserting in place thereof the following subsection:--
	(b) A minimum tax as follows:
	(1) If the total sales of the corporation in the commonwealth during the taxable year, as determined pursuant to subsection (f) of section 38, are less than $1,000,000, the minimum tax shall be $456.
	(2) If the total sales of the corporation in the commonwealth during the taxable year, as determined pursuant to subsection (f) of section 38, are equal to or greater than $1,000,000 and less than $5,000,000, the minimum tax shall be $1,500.
	(3) If the total sales of the corporation in the commonwealth during the taxable year, as determined pursuant to subsection (f) of section 38, are equal to or greater than $5,000,000 and less than $10,000,000, the minimum tax shall be $2,500.
	(4) If the total sales of the corporation in the commonwealth during the taxable year, as determined pursuant to subsection (f) of section 38, are equal to or greater than $10,000,000 and less than $25,000,000, the minimum tax shall be $3,500.
	(5) If the total sales of the corporation in the commonwealth during the taxable year, as determined pursuant to subsection (f) of section 38, are equal to or greater than $25,000,000 and less than $50,000,000, the minimum tax shall be $5,000.
	(6) If the total sales of the corporation in the commonwealth during the taxable year, as determined pursuant to subsection (f) of section 38, are equal to or greater than $50,000,000 and less than $100,000,000, the minimum tax shall be $10,000.
	(7) If the total sales of the corporation in the commonwealth during the taxable year, as determined pursuant to subsection (f) of section 38, are equal to or greater than $100,000,000 and less than $500,000,000, the minimum tax shall be $25,000.
	(8) If the total sales of the corporation in the commonwealth during the taxable year, as determined pursuant to subsection (f) of section 38, are equal to or greater than $500,000,000 and less than $1,000,000,000, the minimum tax shall be $75,000.
	(9) If the total sales of the corporation in the commonwealth during the taxable year, as determined pursuant to subsection (f) of section 38, are equal to or greater than $1,000,000,000 the minimum tax shall be $150,000.