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Bill > S2063
MA S2063
MA S2063Relative to the taxation of above ground conduits, wires, and pipes used in the transportation of natural gas
summary
Introduced
02/27/2025
02/27/2025
In Committee
02/27/2025
02/27/2025
Crossed Over
Passed
Dead
Introduced Session
194th General Court
Bill Summary
For legislation relative to the taxation of above ground conduits, wires, and pipes used in the transportation of natural gas. Revenue.
AI Summary
This bill amends Section 5 of Chapter 59 of the General Laws to remove a tax exemption for above-ground conduits, wires, and pipes used in natural gas transportation. Specifically, the bill adds a new sentence to clarify that any above-ground infrastructure involved in compressing, transporting, or directly assisting with the compression or transportation of natural gas will no longer be exempt from taxation for the corporations or limited liability companies previously covered by this section. This means that companies in the natural gas transportation sector will now be required to pay taxes on their above-ground infrastructure, potentially increasing state revenue and eliminating a previous tax exemption for these types of industrial assets.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Accompanied a study order, see S2757 (on 11/26/2025)
Official Document
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/194/S2063 |
| BillText | https://malegislature.gov/Bills/194/S2063.pdf |
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