Bill

Bill > H2584


MA H2584

Establishing a 1-year waiting period for new taxes


summary

Introduced
01/22/2019
In Committee
01/22/2019
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

191st General Court

Bill Summary

For legislation to require a one-year waiting period after passage of an act creating new taxes for said taxes to become effective. Revenue.

AI Summary

This bill establishes a 1-year waiting period before any new taxes created by an act can be collected, assessed, or become payable. This means that after the passage of an act creating new taxes, there will be a 1-year delay before those taxes can be implemented and charged to taxpayers. This provision is intended to provide a transition period and prevent sudden tax increases.

Committee Categories

Budget and Finance

Sponsors (6)

Last Action

Accompanied a study order, see H5080 (on 11/02/2020)

bill text


bill summary

Loading...

bill summary

Loading...

bill summary

Loading...