Tax & Accounting Blog

Massachusetts considers several Sales Tax Holiday bills

Indirect Tax, ONESOURCE, Sales and Use Tax July 29, 2013

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As many states wrap up their legislative sessions, the Massachusetts Legislature continues on. The state, which has held an August Sales Tax Holiday in eight of the last nine years (cancelled in 2009 during the heights of the great recession), currently has no such holiday scheduled this August. However, the legislature is still kicking the tires on several sales tax holiday bills. While no additional hearings are scheduled for the bills at this point, the bills, which are listed below will likely be heard by the end of the month, according to Senate President Therese Murray.

2013:

H.2620: Would establish a sales tax holiday for all tangible personal property with a a purchase price of $2,500.00 or less and exceptions listed in the bill from August 10, 2013 through August 11, 2013.

S175: Would similarly establish a sales tax holiday for all tangible personal property with a a purchase price of $2,500.00 or less and exceptions listed in the bill from August 10, 2013 through August 11, 2013.

2014:

H.2618: Would establish a sales tax holiday for all tangible personal property with a purchase price of $2,500.00 or less and exceptions listed in the bill from August 9, 2014 through August 10, 2014.

S.176: Would similarly establish a sales tax holiday for all tangible personal property with a purchase price of $2,500.00 or less and exceptions listed in the bill from August 9, 2014 through August 10, 2014.

Ongoing:

H.2548: Would establish an ongoing sales tax holiday to exempt all tangible personal property with a purchase price of $2,500.00 or less and exceptions listed in the bill. The bill would allow the Commissioner of Revenue to determine when to hold the holiday (any two-day weekend in August), by July 15th annually.

S.194: Would similarly establish an ongoing sales tax holiday to exempt all tangible personal property with a purchase price of $2,500.00 or less and exceptions listed in the bill. The bill would allow the Commissioner of Revenue to determine when to hold the holiday (any two-day weekend in August), by July 15th annually.

H.2654: Would establish an ongoing sales tax holiday to exempt March 24-28, the tax imposed on meals.