summary
Introduced
03/29/2021
03/29/2021
In Committee
04/07/2022
04/07/2022
Crossed Over
Passed
Dead
12/31/2022
12/31/2022
Introduced Session
192nd General Court
Bill Summary
For legislation to aid economic recovery of the tourism industry. Revenue.
AI Summary
This bill aims to aid the economic recovery of the tourism industry by introducing temporary changes to certain tax provisions in Massachusetts. Specifically, it reduces the maximum interest rate on late tax payments from 14% to 7% for bed and breakfast establishments, hotels, lodging houses, and motels in fiscal years 2021, 2022, and 2023. Additionally, it waives the requirement for these types of establishments to have paid their taxes in full without incurring any interest charges in order to be eligible for tax abatements during those same fiscal years.
Committee Categories
Budget and Finance
Sponsors (2)
Last Action
No further action taken (on 01/03/2023)
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/S1820 |
| Bill | https://malegislature.gov/Bills/192/S1820.pdf |
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