Bill

Bill > H2450


MA H2450

MA H2450
Relative to the taxpayers of 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

For legislation to reduce the sales tax and limit the compensation of certain public employees. Revenue.

AI Summary

This bill proposes to reduce the sales tax rate from 6.25% to 5% by amending Chapter 64H of the General Laws, and also reduces the income tax rate from 5.3% to 5% by amending Chapter 62 of the General Laws. Additionally, it limits the annual compensation for most state employees, including those at the university, to no more than the Governor's salary, unless the excess compensation for university employees is paid for using the university's endowment, in which case detailed public records of such payments must be maintained.

Committee Categories

Budget and Finance

Sponsors (4)

Last Action

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

bill text


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