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
For legislation to repeal certain tax exemptions for aircraft. Revenue.
AI Summary
This bill proposes to repeal the sales tax exemption for aircraft in Massachusetts. Specifically, it would allow the state commissioner to consider the transfer of an interest in an aircraft as a transfer of tangible personal property, effectively subjecting such transfers to the state's sales tax. Additionally, the bill would strike out the existing sales and use tax exemptions for aircraft. This change aims to generate additional tax revenue for the state by removing the tax-exempt status for certain aircraft-related transactions.
Committee Categories
Budget and Finance
Sponsors (3)
Last Action
Accompanied a study order, see H5043 (on 08/29/2022)
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/H2923 |
| Bill | https://malegislature.gov/Bills/192/H2923.pdf |
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