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S2015

194th

An Act establishing a tiered corporate minimum tax

StatusActive Amendments0 SponsorAdam Gómez CommitteeNot yet assigned

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

By Mr. Gomez, a petition (accompanied by bill, Senate, No. 2015) of Adam Gomez, Michael J. Barrett and Manny Cruz for legislation to establish a tiered corporate minimum tax. Revenue.

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Date	Branch	Action
7/23/2026	House	7/23/2026 HouseAccompanied a study order, see H5596 ↗
4/1/2026	Senate	4/1/2026 SenateReporting date extended to Thursday June 25, 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	House	2/27/2025 HouseHouse concurred
2/27/2025	Senate	2/27/2025 SenateReferred to the committee on Revenue

Cosponsor
Adam Gómez Primary sponsor
Michael J. Barrett
Manny Cruz
Rebecca L. Rausch

Committee	Recommendation	Vote
J26	Accompanied	—

Bill	Title	Status
H3057	An Act establishing a tiered corporate minimum tax	Active

2 section(s) · formatted for easier reading

▸SECTION 1

Section 39 of chapter 63 of the General Laws, as appearing in the 2022 Official Edition, 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.

▸SECTION 2

This Act shall apply to tax years beginning on or after January 1, 2026.

Show raw text

	SECTION 1. Section 39 of chapter 63 of the General Laws, as appearing in the 2022 Official Edition, 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. 
	SECTION 2. This Act shall apply to tax years beginning on or after January 1, 2026.