Bill Text: MA H2793 | 2009-2010 | 186th General Court | Introduced
Bill Title: Discounts for vendors for collection of sales and use taxes
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2009-01-20 - Public Hearing date 9/30 at 10:00 AM in Hearing Room B2 [H2793 Detail]
Download: Massachusetts-2009-H2793-Introduced.html
The Commonwealth of Massachusetts
_______________
PRESENTED BY:
Louis L. Kafka
_______________
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 relative to sales tax discounts provided to vendors.
_______________
PETITION OF:
|
Name: |
District/Address: |
|
Louis L. Kafka |
8th Norfolk |
[SIMILAR MATTER FILED IN PREVIOUS
SESSION
SEE HOUSE, NO. 2973 OF 2007-2008.]
The Commonwealth of
Massachusetts
_______________
In the Year Two Thousand and Nine
_______________
An Act relative to sales tax discounts provided to vendors..
Be
it enacted by the Senate and House of Representatives in General Court
assembled, and by the authority of the same, as follows:
SECTION 1. Paragraph (a) of section 3 of Chapter 64H of the General Laws, as appearing in the 2002 Official Edition, is hereby amended by adding the following paragraph:-
As compensation for accounting for and collecting the tax imposed by this chapter, a vendor shall be allowed a discount of 2 per cent, 3 per cent, or 4 per cent, depending on the volume of monthly taxable sales, of the first 3 per cent of the sales tax due in the form of a deduction, provided the amount due was not delinquent at the time provided for filing the return required by section 16 of chapter 62C. For purposes of said discount, the following formula shall be in force and effect as follows: 2 per cent discount if monthly taxable sales are less than $64,000; 3 per cent discount if monthly sales are at least $64,000, but less than $210,000; or 4 per cent if monthly taxable sales equal or exceed $210,000.
