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Bill > S1949


MA S1949

MA S1949
Relative to the taxation of rolling stock


summary

Introduced
02/16/2023
In Committee
02/16/2023
Crossed Over
Passed
Dead
12/31/2024

Introduced Session

193rd General Court

Bill Summary

For legislation relative to the taxation of rolling stock. Revenue.

AI Summary

This bill amends the Massachusetts General Laws to define "rolling stock" as trucks, tractors, and trailers used by common carriers for interstate transport of goods, and to exempt the sales and use of such rolling stock from state sales and use taxes. The bill aims to support the transportation industry by reducing the tax burden on the equipment they use for interstate commerce.

Committee Categories

Budget and Finance

Sponsors (12)

Last Action

Accompanied H2841 (on 03/21/2024)

Bill Topics

Macroeconomics
  • ‐ Taxation, Tax Policy, and Tax Reform

bill text


bill summary

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bill summary

Document Type Source Location Created
State Bill Page https://malegislature.gov/Bills/193/S1949 03/11/2023
BillText https://malegislature.gov/Bills/193/S1949.pdf 03/11/2023
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