An Act relative to bonded warehouses
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Overview
This bill, An Act relative to bonded warehouses, addresses regulations surrounding bonded warehouses in Massachusetts. It aims to clarify and potentially modify the rules governing these facilities, which are used for storing goods before they are taxed or duties are paid. The bill’s specific details are currently under consideration by the Senate Committee on Ways and Means and the Senate Committee on the Judiciary following a hearing scheduled for November 4, 2025.
Key provisions
- Clarifies the definition of a bonded warehouse.
- Addresses regulations related to the storage of goods within bonded warehouses.
- Specifies requirements for security and inspections of bonded warehouses.
- Outlines procedures for the transfer of goods between bonded warehouses.
- Details the responsibilities of warehouse operators.
- Establishes guidelines for reporting activities within bonded warehouses.
- Addresses potential conflicts between bonded warehouse regulations and existing state laws.
- May include provisions related to the assessment and collection of taxes and duties.
Who is affected
- Businesses operating bonded warehouses
- Individuals involved in importing and exporting goods
- State and local tax authorities
- The Department of Revenue
- Consumers
Notable changes
Bill text
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Sponsors
Official sponsors from legislative records.
3 on record
Primary sponsor
Cosponsors
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