Bill
Bill > H4114
MA H4114
For a law relative to reducing the burden of sales and use taxes and requiring a sales tax free weekend
summary
Introduced
01/11/2018
01/11/2018
In Committee
01/11/2018
01/11/2018
Crossed Over
Passed
Dead
12/31/2018
12/31/2018
Introduced Session
190th General Court
Bill Summary
Relative to reducing the burden of sales and use taxes and requiring a sales tax free weekend.
AI Summary
This bill proposes to reduce the state sales and use tax rate from 6.25% to 5% and requires the Commissioner of Revenue to designate a weekend in August of each year during which most items can be purchased without the payment of sales tax, excluding certain items like meals, vehicles, and utilities. If the sales tax reduction causes a public entity funded by the sales tax to be unable to make a debt payment, the state treasurer would be required to make the payment, with the public entity required to repay the state within 5 years. The bill aims to provide tax relief and a sales tax holiday for consumers.
Committee Categories
Budget and Finance
Sponsors (0)
No sponsors listed
Last Action
No further action taken (on 01/01/2019)
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/H4114 |
| Bill | https://malegislature.gov/Bills/190/H4114.pdf |
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