An Act relative to bonded warehouses
Take action
Record your position on this measure.
Create an account to take a stance, submit a written position, or contact your legislator.
Progress
Where this bill stands in the legislative process.
- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Overview
This bill addresses bonded warehouses in Massachusetts, aiming to clarify and standardize regulations surrounding their operation. It seeks to establish a framework for these facilities, which are used to store goods temporarily before they are sold or shipped. The bill intends to ensure transparency and accountability in bonded warehouse practices, potentially impacting businesses involved in import and export activities.
Key provisions
- Establishes requirements for the operation of bonded warehouses.
- Defines the responsibilities of bonded warehouse operators.
- Specifies procedures for inspections and audits of bonded warehouses.
- Addresses security measures to be implemented within bonded warehouses.
- Outlines reporting requirements for bonded warehouse activities.
- Clarifies the process for obtaining and maintaining bonded warehouse licenses.
- Establishes penalties for non-compliance with regulations.
- Requires the creation of a registry of bonded warehouses.
Who is affected
- Businesses involved in importing and exporting goods
- Bonded warehouse operators
- State and local government agencies responsible for regulation
- Consumers who may be impacted by warehouse operations
- The Department of Revenue
Notable changes
Bill text
Read the latest version inline or switch to a previous version.
Text extraction is in progress. View the official source.
Sponsors
Official sponsors from legislative records.
3 on record
Primary sponsor
Cosponsors
Arguments
Reasons offered for and against this legislation.
Arguments in favor
No arguments in favor have been submitted.
Submit yoursArguments opposed
No arguments opposed have been submitted.
Submit yours