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Bill > S1434


MA S1434

MA S1434
Increasing restaurant competitiveness


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 increase restaurant competitiveness. Revenue.

AI Summary

This bill proposes changes to Massachusetts tax laws to increase restaurant competitiveness by adjusting tax rates. Specifically, it amends Chapter 64H of the General Laws, which deals with sales and use taxes, by adding language that clarifies the excise tax on restaurant meals will be at a rate of 5 percent. It also amends Chapter 64L of the General Laws, which pertains to local option taxes, by increasing the rate from 0.75 percent to 1 percent. These adjustments aim to create a more favorable tax environment for restaurants.

Committee Categories

Budget and Finance

Sponsors (3)

Last Action

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

bill text


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