Bill
Bill > S1950
summary
Introduced
02/16/2023
02/16/2023
In Committee
02/16/2023
02/16/2023
Crossed Over
Passed
Dead
12/31/2024
12/31/2024
Introduced Session
193rd General Court
Bill Summary
For legislation relative to the taxation of rolling stock for trucking and railcars. Revenue.
AI Summary
This bill amends the Massachusetts General Laws to define "rolling stock" as trucks, tractors, trailers, and railcars used by common carriers to transport goods in interstate commerce. The bill then exempts the sales and use of this rolling stock from the state's sales and use taxes. This change aims to provide tax relief for the trucking and rail industries that transport goods across state lines.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Accompanied H2841 (on 03/21/2024)
Bill Topics
Macroeconomics
- ‐ Taxation, Tax Policy, and Tax Reform
Transportation
- ‐ Highway Construction, Maintenance, and Safety
- ‐ Railroads and Railroad Safety
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location | Created |
|---|---|---|
| State Bill Page | https://malegislature.gov/Bills/193/S1950 | 03/11/2023 |
| BillText | https://malegislature.gov/Bills/193/S1950.pdf | 03/11/2023 |
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