Strengthen the Commonwealth
Strengthen the Foundation of the Commonwealth Act: A Starting Point for Progressive Taxation - H.2851 -
Raises the tax rate on interest, dividends, and long-term capital gains from 5.0% to 8.95%
Removes the step-up in basis used to calculate capital gains tax on inherited assets
Increases the minimum corporate excise tax above the fixed baseline of $456, which has remained unchanged for decades
Please enter your address so we can help you contact your legislator.
the decision makers
Joint Committee on Revenue
Who on committee has co-sponsored:
state senators:
Adam Hinds (D)
Pittsfield
chair
Brendan Crighton (D)
Lynn
chair
Nick Collins (D)
Boston
Rebecca Rausch (D)
Needham
Walter Timilty (D)
Milton
Ryan Fattman (R)
Sutton
state representatives:
Mark Cusack (D)
Braintree
chair
David Linsky (D)
Natick
chair
Colleen Garry (D)
Dracut
Gerard Cassidy (D)
Brockton
Mindy Domb (D)
Amherst
Susannah Whipps (I)
Athol
Christopher Markey (D)
Dartmouth
Rob Consalvo (D)
Erika Uyterhoeven
Michael Soter (R)
Bellingham
Joseph McKenna (R)
Webster
Who has co-sponsored:
History of the bill
2023
Mar 2022
Reintroduced as H.2851
Feb 2022
Sent to Study
2022
Mar 2021
Hearing scheduled with Joint Committee on Revenue
2021
Nov 2020
Sent to study
2020
Oct 2019
Hearing scheduled with Joint Committee on Revenue
Jan 2019
Bill filed for the first time
2019