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Bill > H2976


MA H2976

MA H2976
Relative to the sales tax


summary

Introduced
03/29/2021
In Committee
03/29/2021
Crossed Over
Passed
Dead
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)

bill text


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