Bill

Bill > H2742


MA H2742

MA H2742
Relative to a transportation excise tax for large employers


summary

Introduced
02/16/2023
In Committee
02/16/2023
Crossed Over
Passed
Dead
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)

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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