Bill

Bill > S1984


MA S1984

Relative to the taxation of rolling stock


summary

Introduced
03/29/2021
In Committee
03/29/2021
Crossed Over
Passed
Dead
12/31/2022

Introduced Session

192nd General Court

Bill Summary

For legislation relative to the taxation of rolling stock. Revenue.

AI Summary

This bill amends the Massachusetts General Laws to define "rolling stock" as trucks, tractors, and trailers used by common carriers to transport goods in interstate commerce, and to exempt sales of rolling stock from the state sales tax and the use tax on the storage, use, or other consumption of rolling stock. The purpose of the bill is to provide tax relief to the transportation industry for the purchase and use of equipment used in interstate commerce.

Committee Categories

Budget and Finance

Sponsors (6)

Last Action

Accompanied H2959 (on 07/25/2022)

bill text


bill summary

Loading...

bill summary

Loading...

bill summary

Loading...