MA S1479

Bill

MA S1479

Relative to the inventory tax

Introduced
04/15/2015

In Committee
04/15/2015

Crossed Over

Passed

Dead
07/31/2016

Introduced Session

189th General Court

Bill Summary

For legislation relative to the inventory tax. Revenue.

AI Summary

This bill proposes to amend Section 5 of Chapter 59 of the General Laws, which deals with property taxes, by adding a new clause that clarifies what constitutes "merchandise" for the purpose of inventory tax. Specifically, it includes items like finished goods, products, goods, wares, stock in trade, work in progress, materials, supplies, and archived or stored goods that are located within Massachusetts. This amendment aims to provide a more comprehensive definition of taxable inventory, potentially impacting how businesses are assessed for this type of tax.

Committee Categories

Budget and Finance

Sponsors (3)

Ryan Fattman (R)*, Leah Allen (R), Kevin Kuros (R),

Last Action

Accompanied a study order, see S2290 (on 05/12/2016)

Official Document

https://malegislature.gov/Bills/189/Senate/S1479

(12 Companion Bills)

Version:

Document Type	Source Location
State Bill Page	https://malegislature.gov/Bills/189/Senate/S1479
State Bill Page	https://malegislature.gov/Bills/189/S1479
Bill	https://malegislature.gov/Bills/189/S1479.pdf

Bill	Bill Name	Last Action	Type
S1478	Abolishing the death tax	Accompanied a study order, see S2290	Similar To
S1508	To eliminate the tax deduction for direct-to-consumer pharmaceutical marketing	Accompanied a study order, see S2290	Similar To
S1525	Providing tax credits for hospitals providing charitable care	Accompanied a study order, see S2290	Similar To
S1527	Resolve relative to an automatic reduction in the sales tax	Accompanied a study order, see S2290	Similar To
S1547	Authorizing a city or town to designate a check-off on its real estate tax bills and to establish an economic aid fund	Accompanied a study order, see S2290	Similar To
S1605	Relative to a small business gas tax credit	Accompanied a study order, see S2290	Similar To
S1606	Relative to tax exemptions for school related expenses	Accompanied a study order, see S2290	Similar To
S1607	Relative to tax credits for the purchase of certain medical supplies	Accompanied a study order, see S2290	Similar To
S1611	Relative to property tax relief for senior citizens	Accompanied a study order, see S2290	Similar To
S225	Establishing a meals tax holiday	Accompanied a study order, see S2215	Similar To
S2290	Revenue matters	Reported in part by S1494	Replaced by
S60	Proposal for a legislative amendment to the Constitution relative to income tax	Ought NOT to pass (under Joint Rule 23) and placed on file	Similar To

Bill

Bill Name

Last Action

Type

S1478

Abolishing the death tax