summary
Introduced
01/22/2019
01/22/2019
In Committee
02/27/2020
02/27/2020
Crossed Over
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
191st General Court
Bill Summary
For legislation relative to the taxation of natural gas infrastructure. Revenue.
AI Summary
This bill amends Section 38A of Chapter 59 of the General Laws to require the Commissioner to promulgate regulations that reclassify the inventory reporting and assessment procedures conducted by natural gas transportation corporations or limited liability companies in municipalities that contain a natural gas compressor station. The regulations shall differentiate the value for allocation between pipelines and compressor station equipment, and any value assessed on compressor station equipment shall be allocated to the municipality based on its respective percentage of the gross investment for that equipment. The Commissioner shall also prescribe a manner for the allocations and expenditures of the funds received by a municipality containing a compressor station.
Committee Categories
Budget and Finance
Sponsors (4)
Last Action
Bill reported favorably by committee and referred to the committee on House Ways and Means (on 02/27/2020)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://malegislature.gov/Bills/191/S1753 |
| Bill | https://malegislature.gov/Bills/191/S1753.pdf |
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