H3017
An Act relative to the deduction of health insurance payments from gross income for self employed individuals
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- Passed House
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill would allow self-employed individuals in Massachusetts to deduct their health insurance payments from their gross income when calculating their taxes. Currently, self-employed individuals cannot deduct these payments, which can create a significant financial burden. The bill aims to level the playing field between self-employed individuals and those employed by traditional companies who already have this deduction available. It is intended to provide financial relief and promote economic fairness for those running their own businesses.
Sponsors
Official sponsors from legislative records.
Primary sponsor
Bruce J. Ayers
Cosponsor
Bruce J. Ayers
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