S 2087
An Act relative to the short term capital gains rate to make Massachusetts more competitive
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Sign in to take action- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Bill overview
This bill proposes to lower the state’s short-term capital gains tax rate in Massachusetts. Currently, Massachusetts has one of the highest rates in the country. The bill aims to make Massachusetts more competitive with other states in attracting businesses and investment by reducing this tax, potentially stimulating economic growth. It’s designed to encourage investment and wealth creation within the state.
Sponsors
Official sponsors from legislative records.
Primary sponsor
Bruce E. Tarr
Cosponsors
Bruce E. Tarr
Peter J. Durant
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Bill S.2087 194th (Current)
An Act relative to the short term capital gains rate to make Massachusetts more competitive
By Mr. Tarr, a petition (accompanied by bill, Senate, No. 2087) of Bruce E. Tarr for legislation relative to the short term capital gains rate to make Massachusetts more competitive. Revenue.
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Bill Information
Bill Information
Presenter: Bruce E. Tarr Status: Referred to Joint Committee on Revenue
Tabs
Bill History Petitioners Committee Summary Primary Sponsor Summary
Bill History
Displaying 5 actions for Bill S.2087
| Date | Branch | Action |
| 2/27/2025 | Senate | Referred to the committee on Revenue |
| 2/27/2025 | House | House concurred |
| 9/24/2025 | Joint | Hearing scheduled for 10/03/2025 from 10:00 AM-05:00 PM in Gardner Auditorium |
| 10/3/2025 | Joint | Hearing rescheduled to 10/03/2025 from 10:00 AM-12:35 PM in Gardner Auditorium Hearing updated to New End Time |
| 4/1/2026 | Senate | Reporting date extended to Thursday June 25, 2026 |
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