Bill Text: MA S1328 | 2009-2010 | 186th General Court | Introduced
Bill Title: Repeal the residential personal property tax
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 [S1328 Detail]
Download: Massachusetts-2009-S1328-Introduced.html
The Commonwealth of Massachusetts
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PRESENTED BY:
Rosenberg, Stan (SEN) (BY REQUEST)
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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 Repealing the Residential Personal Property Tax.
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PETITION OF:
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Name: |
District/Address: |
|
Lance Fritz |
228 East Hill Road
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The Commonwealth of
Massachusetts
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In the Year Two Thousand and Nine
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An Act Repealing the Residential Personal Property Tax.
Be
it enacted by the Senate and House of Representatives in General Court
assembled, and by the authority of the same, as follows:
Whereas, the personal property tax provides no additional revenue to the cities and towns of the commonwealth and;
Whereas, municipalities incur unnecessary expense in its administration and;
Whereas, the compliance with the reporting requirements represents an undue burden on the residence, let the following be enacted.
SECTION 1. Section 5 of Chapter 59 of the General Laws, as appearing in the 2006 Official Edition, is hereby amended by inserting the following new clause at the end thereof: Fifty-six, personal property held principally for personal non-commercial use. Commercial use for the purposes of this section shall mean an enterprise whose net income exceeds $10,000.
SECTION 2. This act shall take effect upon its passage.
