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Bill > H2694

MA H2694

MA H2694
Relative to the exemption of the sales or use tax for leased motor vehicles

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 the exemption of the sales or use tax for leased motor vehicles. Revenue.

AI Summary

This bill amends the Massachusetts General Laws to exempt the sales or use tax for leased motor vehicles, in addition to the existing exemption for registered motor vehicles. This change aims to provide tax relief for individuals who lease, rather than purchase, motor vehicles.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Accompanied a study order, see H4725 (on 06/17/2024)
(1 Companion Bills)

bill text

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bill summary

Document Type Source Location
State Bill Page https://malegislature.gov/Bills/193/H2694
BillText https://malegislature.gov/Bills/193/H2694.pdf
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