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Mass. bill would set tiered corporate minimum tax based on in-state sales
Summary
Representative Mike Connolly filed House Bill 3057 on Jan. 14, 2025, to amend chapter 63 of the Massachusetts General Laws and establish a tiered corporate minimum tax with nine sales-based brackets; Representative Manny Cruz was later added as a petitioner.
Representative Mike Connolly (26th Middlesex) filed House Bill No. 3057 on Jan. 14, 2025, proposing a tiered corporate minimum tax in Massachusetts that sets fixed minimum tax amounts for corporations based on their total sales in the commonwealth. Representative Manny Cruz (7th Essex) was added to the petition on Feb. 4, 2025.
The bill would amend Section 39 of chapter 63 of the General Laws and defines nine sales bands, each with a specified minimum tax. The sales bands and minimum taxes in the bill are: less than $1,000,000 — $456; $1,000,000 to less than $5,000,000 — $1,500; $5,000,000 to less than $10,000,000 — $2,500; $10,000,000 to less than $25,000,000 — $3,500; $25,000,000 to less than $50,000,000 — $5,000; $50,000,000 to less than $100,000,000 — $10,000; $100,000,000 to less than $500,000,000 — $25,000; $500,000,000 to less than $1,000,000,000 — $75,000; $1,000,000,000 or more — $150,000.
The bill specifies that total sales are to be determined pursuant to subsection (f) of section 38 of chapter 63. The text does not specify an effective date for the change or estimate projected revenue or fiscal impact. The filing notes the matter is similar to House No. 2743 from the 2023–2024 session.
Filing the petition places the proposal into the legislative process; the bill must be referred to committee, receive hearings, and pass both chambers and be signed by the governor before becoming law. At filing, there is no vote recorded and no formal legislative action on the substance of the measure in the provided text.
The measure would directly affect corporations with sales in Massachusetts by setting a floor for tax liability based on in-state sales tiers. The bill does not state how the minimum tax interacts with other credits or calculations beyond referencing the method for determining total sales.
Background references in the filing include House Docket No. 1204 and House Bill No. 3057 in the One Hundred and Ninety-Fourth General Court (2025–2026). The bill text as filed is the authoritative description of the proposed statutory change; any procedural or fiscal details not in the filing were not specified in the transcript provided.
