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MA S2062
Bill
Status
Introduced
2/27/2025
Primary Sponsor
Patrick O'Connor
Click for details
AI Summary
- Amends Section 38A of Chapter 59 of the General Laws to change how natural gas infrastructure is taxed in municipalities with compressor stations
- Requires the commissioner to create new regulations separating the assessed value of pipelines from compressor station equipment
- Allocates tax revenue from compressor station equipment directly to the municipality where the station is located, based on the municipality's percentage of gross investment in that equipment
- Commissioner must establish guidelines for how municipalities can allocate and spend funds received from compressor station assessments
- All regulations and guidelines must be promulgated by December 31, 2026
Legislative Description
Relative to the taxation of natural gas infrastructure
Last Action
Accompanied a study order, see S2757
11/26/2025
Committee Referrals
Revenue2/27/2025
Full Bill Text
No bill text available