Bill

Bill > S1776


MA S1776

MA S1776
Reducing the sales tax to 5 percent


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 reduce the sales tax to 5 percent. Revenue.

AI Summary

This bill aims to reduce the sales tax in Massachusetts from 6.25 percent to 5 percent. The bill is divided into several sections that gradually implement this reduction, with the final 5 percent rate taking effect on August 1, 2021. The changes are made to Sections 2 of Chapters 64H and 64I of the General Laws, which define the sales tax rate. This gradual reduction in the sales tax rate is intended to provide tax relief to consumers and stimulate economic activity in the state.

Committee Categories

Budget and Finance

Sponsors (3)

Last Action

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

bill text


bill summary

Loading...

bill summary

Loading...

bill summary

Loading...