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MA S2095
Bill
AI Summary
- Vendors collecting sales tax (Chapter 64H) and use tax (Chapter 64I) may retain 2% of the total tax collected annually as compensation for collection services
- Maximum retention is capped at $750 per vendor per calendar year, combining both sales and use tax allowances
- Vendors deduct the allowance from tax remittances during standard reporting periods until reaching the annual cap
- Amends Section 5 of Chapter 64H and Section 6 of Chapter 64I of the General Laws
- Similar legislation was filed in the 2023-2024 session as Senate No. 1957
Legislative Description
To establish a vendors’ collection allowance
Last Action
Hearing scheduled for 09/29/2025 from 01:00 PM-05:00 PM in A-1
9/19/2025
Committee Referrals
Revenue2/27/2025
Full Bill Text
No bill text available