Bill

Bill > H2641


MA H2641

MA H2641
Establishing a 1-year waiting period for new taxes


summary

Introduced
01/20/2015
In Committee
01/20/2015
Crossed Over
Passed
Dead
07/31/2016

Introduced Session

189th General Court

Bill Summary

For legislation to require a one-year waiting period after passage of an act creating new taxes for said taxes to become effective. Revenue.

AI Summary

This bill proposes to amend Chapter 58 of the General Laws by adding a new section that establishes a one-year waiting period before any newly created tax can be collected, assessed, or become payable. This means that if a new tax is passed into law, it will not take effect for a full year after its passage, providing a delay between the legislative act and the actual implementation of the tax.

Committee Categories

Budget and Finance

Sponsors (6)

Last Action

Accompanied a study order, see H4639 (on 09/26/2016)

bill text


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