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Bill > H2931

MA H2931

MA H2931
Relative to sales tax exemption

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 sales tax exemptions for battery electric vehicles or fuel cell powered vehicles. Revenue.

AI Summary

This bill proposes to exempt the first $50,000 of the retail sale of battery electric vehicles or fuel cell powered vehicles from the sales tax. This is intended to provide a tax incentive to encourage the purchase and adoption of zero-emission vehicles in the state.

Committee Categories

Budget and Finance

Sponsors (2)

Last Action

Accompanied a new draft, see H4623 (on 05/13/2024)

Bill Topics

Energy
  • ‐ Alternative and Renewable Energy
Macroeconomics
  • ‐ Taxation, Tax Policy, and Tax Reform
(2 Companion Bills)

bill text

bill summary

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bill summary

Document Type Source Location Created
State Bill Page https://malegislature.gov/Bills/193/H2931 03/15/2023
BillText https://malegislature.gov/Bills/193/H2931.pdf 03/15/2023
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