MA H2685

Bill

MA H2685

Relative to promoting small business competitiveness

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 promoting small business competitiveness by reducing the tax on certain sales. Revenue.

AI Summary

This bill, titled "Relative to promoting small business competitiveness," proposes to amend Chapter 64H of the existing tax laws by changing the rate of the excise tax, which is a tax imposed on sales, for vendors selling tangible personal property or services within the commonwealth. Specifically, it would reduce the tax rate to 3.00 percent on individual retail sales that total one thousand dollars or more, while sales totaling one thousand dollars or less would remain taxed at 6.25 percent. This change aims to make businesses more competitive by lowering the tax burden on larger transactions.

Committee Categories

Budget and Finance

Sponsors (1)

Theodore Speliotis (D)*,

Last Action

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

Official Document

https://malegislature.gov/Bills/189/House/H2685

(8 Companion Bills)

Version:

Document Type	Source Location
State Bill Page	https://malegislature.gov/Bills/189/House/H2685
State Bill Page	https://malegislature.gov/Bills/189/H2685
Bill	https://malegislature.gov/Bills/189/H2685.pdf

Bill	Bill Name	Last Action	Type
H2416	Defining the responsibilities of the labor relations commission in work stoppages	Accompanied a study order, see H4367	Similar To
H3091	To further regulate motorcycle exhaust sound levels	Senate concurred	Similar To
H3093	Relative to expanding the fee exemption for renewing a license to carry to include veterans	Bill reported favorably by committee and referred to the committee on House Ways and Means	Similar To
H4639	Revenue	Discharged to the committee on House Rules	Replaced by
H4754	Authorizing the city of Everett to establish a linkage fee revolving fund	Signed by the Governor, Chapter 356 of the Acts of 2016	Similar To
H4760	Relative to continuing education of insurance producers	Read; and referred to the committee on Senate Rules	Similar To
H534	Regarding residential habilitation	Accompanied a new draft, see H4155	Similar To
H956	Relative to Lyme Disease treatment coverage	Accompanied a new draft, see H4198	Similar To

Bill > H2685

summary

Introduced Session

Bill Summary

AI Summary

Committee Categories

Sponsors (1)

Last Action

Official Document

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