summary
Introduced
01/23/2017
01/23/2017
In Committee
01/23/2017
01/23/2017
Crossed Over
Passed
Dead
12/31/2018
12/31/2018
Introduced Session
190th General Court
Bill Summary
For legislation relative to the taxation of rolling stock. Revenue.
AI Summary
This bill amends the Massachusetts general laws to exempt from state sales and use taxes the sale and storage of "rolling stock," which is defined as trucks, tractors, and trailers used by common carriers to transport goods in interstate commerce. The purpose of this exemption is to support the state's transportation and logistics industries by reducing the tax burden on the vehicles they use to move freight across state lines.
Committee Categories
Budget and Finance
Sponsors (3)
Last Action
Accompanied a new draft, see H3916 (on 09/21/2017)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
Document Type | Source Location |
---|---|
State Bill Page | https://malegislature.gov/Bills/190/S1612 |
Bill | https://malegislature.gov/Bills/190/S1612.pdf |
Loading...