Bill > H4547

This bill authorizes the City of Salem to impose a $2.00 excise tax per registered parking space during a specific period from late September to late October, with an automatic annual increase of 25 cents starting January 1, 2027. The tax applies to parking spaces where vehicles are stored or parked for a fee, excluding spaces operated by government entities or parking spaces provided to residents as an accessory to their dwelling. Operators who transfer parking space rights must pay the excise tax by November 30 of each year, and all collected funds will be deposited into a new Transportation Enhancement Fund, which will support alternative transportation initiatives like ride share programs and bicycle rentals. The city is required to adopt an ordinance or regulation to administer this parking space excise tax, and the bill will take effect immediately upon passage.

Budget and Finance

https://malegislature.gov/Bills/194/H4547