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 to declare a sales tax holiday on August 19, 2017 and August 20, 2017 upon nonbusiness sales at retail of tangible personal property. Revenue.
AI Summary
This bill proposes to establish a sales tax holiday on August 19, 2017 and August 20, 2017 for the nonbusiness retail sales of tangible personal property, excluding certain items such as telecommunications, tobacco products, gas, electricity, motor vehicles, and items over $2,500. The bill prohibits vendors from collecting sales tax during the holiday period and requires the Commissioner of Revenue to certify the amount of sales tax forgone and any new revenue generated from personal and corporate income taxes. The Commissioner is also tasked with issuing instructions or forms necessary for implementing the act, and the eligible sales are restricted to those occurring on the specified dates.
Committee Categories
Budget and Finance
Sponsors (2)
Last Action
Accompanied a study order, see H4244 (on 02/22/2018)
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/H1596 |
| Bill | https://malegislature.gov/Bills/190/H1596.pdf |
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