Bill

Bill > S1433


MA S1433

MA S1433
Reducing the sales tax to 5%.


summary

Introduced
01/22/2013
In Committee
01/22/2013
Crossed Over
Passed
Dead
08/01/2014

Introduced Session

188th General Court

Bill Summary

For legislation to reduce the sales tax to 5%. Revenue.

AI Summary

This bill proposes to reduce the sales tax rate in Massachusetts. Specifically, it amends Chapter 64H and Chapter 64I of the General Laws, which govern sales and use taxes, by replacing the current 6.25% rate with a lower rate. Sections 1 and 3 of the bill would reduce the rate to 5.6% effective August 1, 2013, while Sections 2 and 4 would further reduce it to 5% effective August 1, 2014. The bill's primary goal is to lower the overall sales tax burden on consumers and businesses.

Committee Categories

Budget and Finance

Sponsors (7)

Last Action

Accompanied a study order, see S2111 (on 04/24/2014)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...