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
Relative to a transportation excise tax for large employers. Revenue.
AI Summary
This bill proposes to establish a transportation excise tax on large employers in Massachusetts. The tax would apply to employers with 50 or more employees in the state, with the tax rate ranging from $10 to $100 per employee per year, depending on the size of the employer. The revenue collected from this tax would be deposited into the Commonwealth Transportation Fund to finance transportation-related projects and initiatives. The bill also outlines the process for administering and enforcing the tax, including provisions for employers to receive credit for any public transit subsidies they provide to their employees.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Accompanied a study order, see H4725 (on 06/17/2024)
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/193/H2742 |
| BillText | https://malegislature.gov/Bills/193/H2742.pdf |
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