S 1931
An Act increasing the valuation limit for the senior circuit breaker
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- Passed House
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Bill overview
This bill seeks to increase the valuation limit for the ‘senior circuit breaker,’ a tax credit available to seniors in Massachusetts. Currently, there’s a limit on the value of assets that can be used to calculate this credit. By raising this limit, the bill aims to make more seniors eligible for this tax benefit, potentially reducing their tax liability.
Key provisions
- Increases the valuation limit for the senior circuit breaker tax credit.
- The specific amount of the increase is not detailed in the provided text.
- The bill is intended to expand eligibility for the senior circuit breaker.
- It was referred to the Joint Committee on Revenue.
Who is affected
- Seniors in Massachusetts
- Taxpayers eligible for the senior circuit breaker credit
Notable changes
- Currently, there is a valuation limit on assets used to calculate the senior circuit breaker credit.
- This bill proposes to remove or increase that limit.
Sponsors
Official sponsors from legislative records.
Primary sponsor
William N. Brownsberger
Cosponsors
William N. Brownsberger
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Bill S.1931 194th (Current)
An Act increasing the valuation limit for the senior circuit breaker
By Mr. Brownsberger, a petition (accompanied by bill, Senate, No. 1931) of William N. Brownsberger for legislation to increase the valuation limit for the senior circuit breaker. Revenue.
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Bill Information
Bill Information
Presenter: William N. Brownsberger Status: Referred to Joint Committee on Revenue
Tabs
Bill History Petitioners Committee Summary Primary Sponsor Summary
Bill History
Displaying 4 actions for Bill S.1931
| Date | Branch | Action |
| 2/27/2025 | Senate | Referred to the committee on Revenue |
| 2/27/2025 | House | House concurred |
| 6/12/2025 | Joint | Hearing scheduled for 06/16/2025 from 01:00 PM-05:00 PM in A-1 |
| 4/1/2026 | Senate | Reporting date extended to Thursday June 25, 2026 |
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