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MA S1846

MA S1846
Extending raffle tax remittance deadline for small organizations


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 to extend raffle tax remittance deadline for small organizations. Revenue.

AI Summary

This bill extends the raffle tax remittance deadline for small organizations in Massachusetts. Specifically, it allows organizations that have no more than 3 full-time employees or have realized no more than $10,000 in gross proceeds from raffles or bazaars during the current and previous fiscal years to remit the 5% raffle tax within 30 days of the event, rather than the standard 10-day deadline. This change is intended to provide more time for smaller non-profit and community organizations to manage the administrative requirements of hosting raffles and bazaars. The bill takes effect on July 1, 2021.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Accompanied a study order, see H5247 (on 09/26/2022)

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