Bill > S2055

This bill proposes to amend Chapter 64H of the Massachusetts General Laws to create a new exemption from sales tax specifically for boats that are both built and rebuilt within Massachusetts by local craftsmen. By adding this new subsection to Section 6, which details sales tax exemptions, the legislation aims to provide a tax incentive for boat construction and rebuilding within the state. The bill would effectively eliminate sales tax on boats that are manufactured or significantly renovated by Massachusetts-based boat builders, potentially supporting local maritime industries and encouraging economic activity in boat building. While the specific details of the exemption are not fully elaborated in the provided text, the bill appears designed to promote and support local boat building businesses by removing a potential financial barrier to sales.

Budget and Finance

https://malegislature.gov/Bills/194/S2055