MA H3668

Bill

MA H3668

Relative to the taxation of inventory in manufacturing

Introduced
05/04/2017

In Committee
05/04/2017

Crossed Over

Passed

Dead
12/31/2018

Introduced Session

190th General Court

Bill Summary

Relative to the taxation of inventory in manufacturing

AI Summary

This bill amends the taxation of inventory in manufacturing in Massachusetts. Specifically, it excludes the value of raw materials held for production by a manufacturing corporation from that corporation's tangible property value for the purposes of taxation under Section 39 of Chapter 63 of the General Laws. The bill also specifies that this change applies to tax years beginning on or after January 1, 2019.

Committee Categories

Budget and Finance

Sponsors (0)

No sponsors listed

Last Action

No further action taken (on 01/01/2019)

Official Document

https://malegislature.gov/Bills/190/H3668

(5 Companion Bills)

Version:

Document Type	Source Location
State Bill Page	https://malegislature.gov/Bills/190/H3668
Bill	https://malegislature.gov/Bills/190/H3668.pdf

Bill	Bill Name	Last Action	Type
H1564	Relative to fairness during the phase-in of condominium development	Accompanied a study order, see H4244	Similar To
H1570	To insure fair taxation of affordable housing	Accompanied a study order, see H4244	Similar To
H1572	Clarifying municipalities' rights to assess real estate taxes on commercial uses in common areas of condominium complexes	Accompanied a study order, see H4244	Similar To
H1645	Relative to the taxation of inventory in manufacturing	Accompanied a new draft, see H3668	Replaces
S1763	To promote American manufacturing	Accompanied a study order, see H4481	Similar To

Bill > H3668

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Introduced Session

Bill Summary

AI Summary

Committee Categories

Sponsors (0)

Last Action

Official Document

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