Bill
Bill > H1595
summary
Introduced
01/23/2017
01/23/2017
In Committee
06/19/2018
06/19/2018
Crossed Over
Passed
Dead
12/31/2018
12/31/2018
Introduced Session
190th General Court
Bill Summary
For legislation to declare a sales tax holiday for the dates of August 18, 2018 and August 19, 2018. Revenue.
AI Summary
This bill establishes a sales tax holiday for the days of August 18, 2018 and August 19, 2018, during which an excise tax will not be imposed on non-business sales of tangible personal property, with some exceptions such as telecommunications, tobacco products, motor vehicles, and items over $2,500. Vendors are prohibited from adding or collecting the excise tax during this period, and any erroneously collected tax must be remitted to the Department of Revenue. The bill also requires the Commissioner of Revenue to report on the amount of sales tax forgone and any new revenue generated from personal and corporate income taxes.
Committee Categories
Budget and Finance
Sponsors (2)
Last Action
Accompanied a new draft, see H4640 (on 06/20/2018)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://malegislature.gov/Bills/190/H1595 |
| Bill | https://malegislature.gov/Bills/190/H1595.pdf |
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