summary
Introduced
03/29/2021
03/29/2021
In Committee
03/29/2021
03/29/2021
Crossed Over
Passed
Dead
12/31/2022
12/31/2022
Introduced Session
192nd General Court
Bill Summary
Relative to the sales tax for certain purchases by rental companies. Revenue.
AI Summary
This bill proposes to remove the sales tax exemption for rental companies when purchasing motor vehicles, trailers, or other vehicles. Currently, under Section 8 of Chapter 64H of the General Laws, these purchases by rental companies are exempt from the sales tax. However, this bill seeks to change that, making such purchases subject to the regular sales tax. This change would impact the rental industry and potentially increase costs for rental companies, which may be passed on to consumers.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Accompanied a study order, see H5279 (on 10/06/2022)
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/192/H2976 |
| Bill | https://malegislature.gov/Bills/192/H2976.pdf |
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