By Mr. O'Connor, a petition (accompanied by bill, Senate, No. 2058) of Patrick M. O'Connor for legislation to establish a tax credit for the purchase of hearing aids. Revenue.
This bill (SD 291) gradually reduces Massachusetts' statewide sales tax rate from 6.25% to 5% over three years. It lowers the rate to 5.84% effective August 1, 2026; then to 5.43% on August 1, 2027; and finally to 5% on August 1, 2028. The changes apply to all retail sales subject to the state sales tax under Chapters 64H and 64I of the General Laws. This directly affects consumers purchasing goods and businesses collecting sales tax, as their tax burden will decrease incrementally over the specified timeline.
By Mr. DiDomenico, a petition (accompanied by bill, Senate, No. 1957) of Sal N. DiDomenico and Joanne M. Comerford for legislation to support families through enhanced tax credits. Revenue.
By Mr. Moore, a petition (accompanied by bill, Senate, No. 2043) of Michael O. Moore for legislation relative to the taxation of small business in the commonwealth. Revenue.
By Mr. Lewis (by request), a petition (accompanied by bill, Senate, No. 2031) of Vincent Dixon, for legislation for a grade improvement tax credit. Revenue.
By Mr. Barrett, a petition (accompanied by bill, Senate, No. 1924) of Michael J. Barrett, Patricia D. Jehlen and James B. Eldridge for legislation to increase the excise tax rate for jet fuel. Revenue.
By Mr. O'Connor, a petition (accompanied by bill, Senate, No. 2064) of Patrick M. O'Connor for legislation to establish a living organ donor tax credit. Revenue.
By Ms. Miranda, a petition (accompanied by bill, Senate, No. 2037) of Liz Miranda for legislation to require public disclosures by publicly-traded corporate taxpayers. Revenue.
By Mr. O'Connor, a petition (accompanied by bill, Senate, No. 2049) of Patrick M. O'Connor for legislation to establish a tax exemption for municipalities paying for gas. Revenue.
This bill modifies tax exemption rules for small commercial properties in Massachusetts cities and towns. It allows local governments to grant tax exemptions to commercial parcels where at least 50% of occupants are "eligible businesses," or for mixed residential/commercial properties where 50% of the commercial portion meets this threshold. The change directly affects small businesses seeking tax relief and local officials administering property tax exemptions. It does not define "eligible businesses" but sets a clear 50% occupancy requirement for exemption eligibility.
