Bill
Bill > H2695
summary
Introduced
01/20/2015
01/20/2015
In Committee
01/20/2015
01/20/2015
Crossed Over
Passed
Dead
07/31/2016
07/31/2016
Introduced Session
189th General Court
Bill Summary
Relative to the calculation of motor vehicle excise taxes. Revenue.
AI Summary
This bill proposes to amend the calculation of motor vehicle excise taxes by changing the percentage of the vehicle's value that is taxed each year. Currently, the tax rate decreases over time, and this bill would eliminate the excise tax entirely starting in the eighth year of a vehicle's life, meaning owners would pay no motor vehicle excise tax on vehicles that are eight years old or older. The motor vehicle excise tax is an annual tax levied by cities and towns on registered motor vehicles, typically based on the vehicle's value.
Committee Categories
Budget and Finance
Sponsors (5)
Last Action
Accompanied a study order, see H4639 (on 09/26/2016)
Official Document
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/189/H2695 |
| Bill | https://malegislature.gov/Bills/189/H2695.pdf |
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