MA H2653

Bill

Relative to promoting small business competitiveness

Introduced
01/23/2017

In Committee
01/23/2017

Crossed Over

Passed

Dead
12/31/2018

Introduced Session

190th General Court

Bill Summary

Relative to promoting small business competitiveness by reducing the tax on certain sales totaling one thousand dollars or greater. Revenue.

AI Summary

This bill aims to promote small business competitiveness by reducing the tax on certain sales totaling $1,000 or more. Specifically, it amends Chapter 64H of the state's tax code to impose a 6.25% excise tax on sales of up to $1,000, but a reduced 3% excise tax on individual retail sales of $1,000 or greater. This change is intended to support small businesses by lowering the tax burden on their larger transactions.

Committee Categories

Budget and Finance

Sponsors (1)

Theodore Speliotis (D),

Last Action

Accompanied a study order, see H4244 (on 02/22/2018)

Official Document

https://malegislature.gov/Bills/190/H2653

(10 Companion Bills)

Version:

Document Type	Source Location
State Bill Page	https://malegislature.gov/Bills/190/H2653
Bill	https://malegislature.gov/Bills/190/H2653.pdf

Bill	Bill Name	Last Action	Type
H1538	Relative to a senior citizen volunteer property tax reduction	Accompanied a study order, see H4244	Similar To
H1573	Relative to the property tax classification of small businesses	Accompanied a study order, see H4244	Similar To
H1577	Relative to reducing the income tax to 5%	Accompanied a study order, see H4244	Similar To
H1578	Relative to lowering the sales tax to 5%	Accompanied a study order, see H4244	Similar To
H4244	House study order	No further action taken	Replaced by
H557	Reducing the costs for small business	Accompanied a study order, see H4778	Similar To
S1215	To reduce healthcare costs by promoting non-biased prescriber education	Committee recommended ought to pass and referred to the committee on Senate Ways and Means	Similar To
S1346	Relative to reasonable notice and cure standards to protect small businesses	Bill reported favorably by committee and referred to the committee on Senate Ways and Means	Similar To
S1664	Relative to a small business gas tax credit	Accompanied a study order, see S2497	Similar To
S1666	Relative to reducing the tax burden on seniors	Accompanied a study order, see S2497	Similar To

Bill > H2653

MA H2653

summary

Introduced Session

Bill Summary

AI Summary

Committee Categories

Sponsors (1)

Last Action

Official Document

bill text

bill summary

bill summary

bill summary