When used in this chapter the following words or terms shall, unless the context indicates otherwise, have the following meanings: [unchanged text not shown]
(c) “Code”, the Internal Revenue Code of the United States, as amended on January 1, 2005 and in effect for the taxable year; but Code shall mean the Code as amended and in effect for the taxable year for sections 62(a)(1), 72, 139C, 223, 274(m), 274(n), 401 through 420, inclusive, 457, 529, 530, 3401 and 3405 but excluding sections 402A and 408(q). [unchanged text not shown]
Changes current tax law definition of "Code" so that it includes section 223 of the Internal Revenue Code, which creates a deduction for health savings accounts.
M.G.L. Chapter 62, section 1; amendment to definition of code made by section 10 of Chapter 58 of the Acts of 2006