Bill

Bill > H2463


MA H2463

MA H2463
Repealing the sales tax on boats built or rebuilt in the Commonwealth


summary

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

Introduced Session

189th General Court

Bill Summary

Relative to repealing the sales tax on the sale of boats built or rebuilt in the Commonwealth. Revenue.

AI Summary

This bill proposes to amend existing Massachusetts law, specifically Section 6 of Chapter 64H of the General Laws, which deals with sales tax. The key provision is the addition of a new subsection that would exempt from sales tax any boats that are built or rebuilt within Massachusetts and then delivered to their buyer in the Commonwealth, provided the work was done by Massachusetts craftsmen. This change aims to encourage the local boat-building industry by removing a tax burden on these sales, thereby potentially boosting economic activity and employment in the state.

Committee Categories

Budget and Finance

Sponsors (2)

Last Action

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

bill text


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