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 exempt certain inventory from taxation. Revenue.
AI Summary
This bill aims to exempt certain inventory from taxation in Massachusetts. Specifically, it would add a new clause to Section 5 of Chapter 59 of the General Laws, which lists items that are exempt from taxation. The new clause, "Nineteenth A," would exempt merchandise situated in Massachusetts, including inventory held for sale, finished goods, products, goods, wares or stock in trade, work in progress, materials or supplies, and archived or stored goods.
Committee Categories
Budget and Finance
Sponsors (9)
Shaunna O'Connell (R)*,
Donnie Berthiaume (R),
David DeCoste (R),
Geoffrey Diehl (R),
Shawn Dooley (R),
Ryan Fattman (R),
James Lyons (R),
Richard Ross (R),
Bruce Tarr (R),
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/H1600 |
Bill | https://malegislature.gov/Bills/190/H1600.pdf |
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