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Bill > S198


MA S198

Relative to a permanent annual sales tax holiday


summary

Introduced
01/23/2017
In Committee
01/23/2017
Crossed Over
Passed
Dead
12/31/2018

Introduced Session

190th General Court

Bill Summary

For legislation relative to a permanent annual sales tax holiday. Economic Development and Emerging Technologies.

AI Summary

This bill establishes a permanent annual sales tax holiday in Massachusetts. It requires the Commissioner of Revenue to designate a two-day weekend in August each year during which no sales tax will be imposed on most tangible personal property purchases, excluding telecommunications, gas, electricity, motor vehicles, boats, meals, and any single item costing more than $2,500. The bill also requires the Commissioner to report annually on the revenue impact of the sales tax holiday and details the distribution of those forgone revenues across various state funds.

Committee Categories

Business and Industry

Sponsors (4)

Last Action

Accompanied a study order, see H4584 (on 06/07/2018)

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