Bill > S1806

This bill amends Section 5 of Chapter 59 of the General Laws by inserting a new clause, Nineteenth A, which exempts from taxation all merchandise situated in Massachusetts, including inventory held for sale, finished goods, products, goods, wares or stock in trade, work in progress, materials or supplies, and archived or stored goods. This change to the tax code aims to provide relief for businesses by exempting their inventory from the inventory tax.

Budget and Finance

https://malegislature.gov/Bills/193/S1806