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 vehicle excise tax. Revenue.
AI Summary
This bill amends Section 1 of Chapter 60A of the General Laws in Massachusetts, which relates to the vehicle excise tax. The key changes are: the tax rate will be 50% in the year preceding the designated year of manufacture, 95% in the year of manufacture, 70% in the second year, 45% in the third year, 25% in the fourth year, and 10% in the fifth and succeeding years. This adjusts the existing excise tax rates for vehicles, which impacts the amount of revenue collected by the state.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Accompanied a study order, see H5247 (on 09/26/2022)
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/H3089 |
| Bill | https://malegislature.gov/Bills/192/H3089.pdf |
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