An Act requiring a waiting period for new taxes
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Overview
This bill proposes to require a waiting period before the state can impose new taxes. Currently, the state can levy new taxes without a specific timeframe. This bill would establish a delay between the proposal and implementation of new taxes, giving the legislature and public time to review the potential impact. The bill is currently under consideration by the Massachusetts legislature’s Revenue Committee.
Key provisions
- Requires a waiting period before new taxes can be enacted.
- The specific length of the waiting period is not defined in the current text.
- The bill is currently being reviewed by the Revenue Committee.
- It aims to provide time for legislative and public review of proposed tax increases.
- Similar bills have proposed one-year waiting periods in the past.
Who is affected
- Taxpayers in Massachusetts
- The Massachusetts Legislature
- State Revenue Officials
Notable changes
- Currently, Massachusetts does not have a mandated waiting period for new taxes.
- This bill would introduce a delay between the proposal and implementation of new taxes.
Bill text
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Text extraction is in progress. View the official source.
Sponsors
Official sponsors from legislative records.
8 on record
Primary sponsor
Bradley H. Jones Jr.
Cosponsors
Bradley H. Jones Jr.
Arguments
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