An Act to establish a local option municipal excise tax on unused utility corridors

This bill allows Massachusetts municipalities to impose an annual excise tax on unused railroad or utility corridors that have not been used for their intended purpose for over 10 years. Municipalities can charge $0.10 per linear foot per year on these corridors, with the tax paid by the utility or railroad company to the state treasurer by March 15 each year. The revenue collected is distributed quarterly to the adopting municipality based on the amount of tax generated within its borders. The tax applies only to corridors owned or leased by utilities/railroads that have remained unused for a decade or more, providing a new revenue source for local governments.