Massachusetts SD 723: An Act relative to landlord tenant tax credits

Bill Text

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SENATE DOCKET, NO. 723        FILED ON: 1/15/2019 
SENATE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 1603 
 
The Commonwealth of Massachusetts 
_________________ 
PRESENTED BY: 
Joseph A. Boncore 
_________________ 
To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General 
 Court assembled: 
 The undersigned legislators and/or citizens respectfully petition for the adoption of the accompanying bill: 
An Act relative to landlord tenant tax credits. 
_______________ 
PETITION OF: 
 
NAME: DISTRICT/ADDRESS:  
Joseph A. Boncore First Suffolk and Middlesex  
Mike Connolly 26th Middlesex 1/28/2019 
Kay Khan 11th Middlesex 1/30/2019 
Sal N. DiDomenico Middlesex and Suffolk 1/31/2019 
Brendan P. Crighton Third Essex 1/31/2019 
Mary S. Keefe 15th Worcester 1/31/2019 
Diana DiZoglio First Essex 1/31/2019 
Jay D. Livingstone 8th Suffolk 1/31/2019 
Michael O. Moore Second Worcester 2/1/2019 
Chynah Tyler 7th Suffolk 2/1/2019 
David Biele 4th Suffolk 4/9/2019 
Nika C. Elugardo 15th Suffolk 5/6/2019 

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SENATE DOCKET, NO. 723        FILED ON: 1/15/2019 
SENATE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 1603 
By Mr. Boncore, a petition (accompanied by bill, Senate, No. 1603) of Joseph A. Boncore, Mike 
Connolly, Kay Khan, Sal N. DiDomenico and other members of the General Court for legislation 
relative to landlord tenant tax credits.  Revenue. 
 
The Commonwealth of Massachusetts 
 
_______________
 
In the One Hundred and Ninety-First General Court 
(2019-2020) 
_______________
 
 
An Act relative to landlord tenant tax credits. 
 
 Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority 
of the same, as follows: 
 
1 SECTION 1.  Section 6 of Chapter 62 of the General Laws is hereby amended by 
2inserting after subsection (t) the following subsection:- 
3 (u)(1) As used in this subsection, the following words shall have the following meanings: 
4 “Qualified residential rental property,” any unsubsidized two to four unit residential 
5rental property. 
6 “Qualified rental unit,” a tenant-occupied unit in a qualified residential property with a 
7rent including utilities that does not exceed the High HOME Rent for the jurisdiction as defined 
8by the United States Department of Housing and Urban Development (“HUD”). Units rented to 
9immediate family members or dependents of the owner are not eligible for the credit. 
10 (2) Any Massachusetts resident who is an owner of a qualified residential rental property 
11located in the commonwealth who is not a dependent of another taxpayer shall be allowed a 

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12credit of up to $1,500 for each qualified rental unit, but for no more than six units. The credit 
13shall be prorated by the number of months the qualified unit is rented to a qualified household. 
14Joint owners of a residential property shall share any credit available to the property under this 
15subsection in the same proportion as their ownership interest. 
16 Any taxpayer entitled to this credit for any taxable year, the amount of which exceeds his 
17total tax due for the then current taxable year, may carry over the excess amount, as reduced 
18from year to year, and apply it to his tax liability for any one or more of the next succeeding 
19three taxable years; provided, however, that in no taxable year may the amount of the credit 
20allowed exceed the total tax due of the taxpayer for the relevant taxable year. 
21 SECTION 2. This act shall take effect for tax years beginning on or after January 1, 
222020.