Bill

Bill > H2841


MA H2841

MA H2841
Relative to rolling stock


summary

Introduced
02/16/2023
In Committee
03/21/2024
Crossed Over
Passed
Dead
12/31/2024

Introduced Session

193rd General Court

Bill Summary

Relative to the taxation of the sale of rolling stock. Revenue.

AI Summary

This bill aims to amend the Massachusetts General Laws to define "rolling stock" as trucks, tractors, and trailers used by common carriers for interstate commerce, and to exempt the sales and use of such rolling stock from state sales and use tax. The key provisions of the bill include adding a definition of "rolling stock" to the sales tax law, exempting sales of rolling stock from the sales tax, and explicitly including rolling stock in the use tax law.

Committee Categories

Budget and Finance

Sponsors (21)

Last Action

No further action taken (on 12/31/2024)

Bill Topics

Macroeconomics
  • ‐ Taxation, Tax Policy, and Tax Reform

bill text


bill summary

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bill summary

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bill summary

Document Type Source Location Created
State Bill Page https://malegislature.gov/Bills/193/H2841 03/14/2023
BillText https://malegislature.gov/Bills/193/H2841.pdf 03/14/2023
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