Bill Text: MA H2905 | 2009-2010 | 186th General Court | Introduced
Bill Title: Provide for a review of sales tax expenditures by the General Court
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2009-01-20 - Public Hearing date 9/30 at 10:00 AM in Hearing Room B2 [H2905 Detail]
Download: Massachusetts-2009-H2905-Introduced.html
The Commonwealth of Massachusetts
_______________
PRESENTED BY:
Angelo M. Scaccia
_______________
To the
Honorable Senate and House of Representatives of the Commonwealth of
Massachusetts in General
Court assembled:
The undersigned legislators and/or citizens respectfully petition for the passage of the accompanying bill:
An Act requiring review of sales tax expenditures.
_______________
PETITION OF:
|
Name: |
District/Address: |
|
Angelo M. Scaccia |
14th Suffolk |
[SIMILAR MATTER FILED IN PREVIOUS
SESSION
SEE HOUSE, NO. 3109 OF 2007-2008.]
The Commonwealth of
Massachusetts
_______________
In the Year Two Thousand and Nine
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An Act requiring review of sales tax expenditures.
Be
it enacted by the Senate and House of Representatives in General Court
assembled, and by the authority of the same, as follows:
SECTION
1. The General Laws
are hereby amended by adding a new subparagraph five to section six of chapter
fourteen as follows:—
Section 6(5). Shall file with the joint Committee on Revenue on or before
August 15th of 2010 and each August 15th thereafter, a list of all tax
expenditures which shall expire during that fiscal year in accordance with
section six A of chapter sixty-four H of the General Laws. Each annual filing
shall include, for each expiring tax expenditure, as estimate of the revenue
lost and the number of taxpayers benefiting from the tax expenditure, an
evaluation of the benefit of the tax expenditure to the general public and to
the economy of the state, and such other information available to the
commissioner which shall aid the legislature to review and consider whether
said tax expenditures should be re-enacted, modified, or allowed to expire.
SECTION
2. The General Laws are hereby amended by adding the following as a new section
6A of chapter 64H:—
Section 6A. The tax expenditures as defined in section one of chapter
twenty-nine of the General Laws which are created by this chapter and which
came into effect subsequent to January one, nineteen hundred and seventy and
before January one, nineteen hundred and ninety-four, shall expire on January
one, two thousand and ten. Notwithstanding any other provision of law, any tax
expenditure created by this chapter which becomes effective after January one,
nineteen hundred and ninety-five shall expire not later than the last day of
the fiscal year following the third anniversary of its effective date.
