Bill

Bill > H1544


MA H1544

Relative to a permanent sales tax holiday


summary

Introduced
01/23/2017
In Committee
06/19/2018
Crossed Over
Passed
Dead
12/31/2018

Introduced Session

190th General Court

Bill Summary

For legislation to establish an annual sales tax holiday. Revenue.

AI Summary

This bill establishes an annual two-day sales tax holiday in August, during which no sales tax will be collected on most retail purchases of tangible personal property, excluding certain items like telecommunications, gas, electricity, motor vehicles, and any single item over $2,500. The Commissioner of Revenue is tasked with designating the specific weekend for the sales tax holiday each year, considering any religious or secular observances. The bill also requires the Commissioner to report on the amount of sales tax revenue forgone and any new revenue generated from personal and corporate income taxes due to the sales tax holiday.

Committee Categories

Budget and Finance

Sponsors (21)

Last Action

Accompanied a new draft, see H4640 (on 06/20/2018)

bill text


bill summary

Loading...

bill summary

Loading...

bill summary

Loading...