Bill Text: MA H2933 | 2009-2010 | 186th General Court | Introduced
Bill Title: Establishing a deeds excise surcharge
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2009-01-20 - Public Hearing date 5/27 at 10:00 AM in Hearing Room B2 [H2933 Detail]
Download: Massachusetts-2009-H2933-Introduced.html
The Commonwealth of Massachusetts
_______________
PRESENTED BY:
Walter F. Timilty
_______________
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 Establishing a Deeds Excise Surcharge.
_______________
PETITION OF:
Name: |
District/Address: |
William C. Galvin |
6th Norfolk |
Paul McMurtry |
11th Norfolk |
James E. Timilty |
Bristol and Norfolk |
Walter F. Timilty |
7th Norfolk |
Lida E. Harkins |
13th Norfolk |
Louis L. Kafka |
8th Norfolk |
Michael F. Rush |
10th Suffolk |
Frank I. Smizik |
15th Norfolk |
Timothy Madden |
Barnstable, Dukes and Nantucket |
John H. Rogers |
12th Norfolk |
The Commonwealth of
Massachusetts
_______________
In the Year Two Thousand and Nine
_______________
An Act establishing a Deeds Excise Surcharge.
Be
it enacted by the Senate and House of Representatives in General Court
assembled, and by the authority of the same, as follows:
There is hereby imposed, in addition to the tax levied under the provisions of chapter sixty-four D of the General Laws and Section 23 of Chapter 546 of the Acts of 1969 a surcharge equal to eighteen per cent of the tax imposed under the provisions of said chapter. Notwithstanding the provisions of any general or special law, including the provisions of Chapter 64D, to the contrary, and except for any county which has been abolished pursuant to the provisions of chapter 34B or other applicable provision of law, on the first day of each month, the taxes collected pursuant to the provisions of this section shall be transmitted to the Deed’s Excise Fund for each county. All taxes collected under the provisions of this section in all counties that have been abolished pursuant to the provisions of chapter 34B or other applicable provision of law shall be transmitted to and retained by the general fund in accordance with the provisions of section 10 of Chapter 64D.