MA H2838

Bill

Relative to the timing of reimbursement for federal manufacturers excise tax

Introduced
01/22/2019

In Committee
01/22/2019

Crossed Over

Passed

Dead
12/31/2020

Introduced Session

191st General Court

Bill Summary

Relative to the timing of contractual reimbursements for the federal manufacturer’s excise tax on petroleum products. Telecommunications, Utilities and Energy.

AI Summary

This bill amends the Massachusetts General Laws to allow one party in a contract to reimburse the other party for the federal manufacturer's excise tax on petroleum products one business day before the other party is required to remit the taxes to the Internal Revenue Service. The party exercising this option may be required to provide security for the payment of the taxes, but the other party cannot change the other payment terms of the contract without a valid business reason, except to require the payment of the taxes by electronic transfer of funds. The party exercising this option must provide written notice to the other party at least 30 days in advance or at the beginning of the next federal tax quarter, whichever is later.

Committee Categories

Transportation and Infrastructure

Sponsors (1)

Paul Donato (D),

Last Action

Accompanied a study order, see H4405 (on 02/10/2020)

Official Document

https://malegislature.gov/Bills/191/H2838

(9 Companion Bills)

Version:

Document Type	Source Location
State Bill Page	https://malegislature.gov/Bills/191/H2838
Bill	https://malegislature.gov/Bills/191/H2838.pdf

Bill	Bill Name	Last Action	Type
H1563	Relative to personal injuries or property damage from defective public ways	Accompanied a study order, see H5081	Similar To
H2599	Relative to the corporate excise tax	Accompanied a study order, see H5040	Similar To
H2603	To clarify the net-worth measure of the corporate excise	Accompanied a study order, see H5040	Similar To
H2605	Relative to excise tax exemptions	Accompanied a study order, see H5080	Similar To
H4405	JR10 Study Order	Reported, in part, by H2881	Replaced by
S121	To update the alcohol excise tax	Accompanied a study order, see S2534	Similar To
S1727	To clarify the net-worth measure of the corporate excise	Accompanied a study order, see H5040	Similar To
S2225	Relative to the town of Sandwich	Accompanied a new draft, see H4468	Similar To
S661	Relative to MassHealth rates	Ought NOT to pass (under Joint Rule 10) and placed in the Orders of the Day for the next session	Similar To

Bill > H2838

MA H2838

summary

Introduced Session

Bill Summary

AI Summary

Committee Categories

Sponsors (1)

Last Action

Official Document

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