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Bill > S2063


MA S2063

MA S2063
Relative to the taxation of above ground conduits, wires, and pipes used in the transportation of natural gas


summary

Introduced
02/27/2025
In Committee
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)

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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