Bill

Bill > H2992


MA H2992

MA H2992
Relative to lowering the sales tax to 5%


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 lower the sales tax to five percent. Revenue.

AI Summary

This bill proposes to lower the sales tax in Massachusetts from 6.25% to 5% by amending Sections 2 of Chapters 64H and 64I of the General Laws. The changes would apply the new 5% sales tax rate to both retail sales (Chapter 64H) and use tax (Chapter 64I) transactions within the state. This reduction in the sales tax rate is intended to provide tax relief to Massachusetts consumers and businesses.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Accompanied a study order, see H5245 (on 09/22/2022)

bill text


bill summary

Loading...

bill summary

Loading...

bill summary

Loading...