An Act relative to the taxation of natural gas infrastructure
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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 proposes to establish a tax on natural gas infrastructure within the state of Massachusetts. The specific details of the tax, including the rate and what constitutes ‘natural gas infrastructure,’ are currently undefined and will be determined through a hearing process. The bill’s intent is to generate revenue through taxation of this sector. It is similar to previous proposals regarding natural gas taxation.
Key provisions
- Establishes a tax on natural gas infrastructure.
- Requires the Department of Revenue to study and determine the specifics of the tax.
- A hearing is scheduled to discuss the proposed tax.
- The bill is similar to previous legislation concerning natural gas taxation.
- The tax revenue generated will be deposited into the state’s general fund.
Who is affected
- Natural gas companies
- Natural gas infrastructure providers
- The State of Massachusetts
Notable changes
- No specific tax rate or definition of ‘natural gas infrastructure’ is included in the bill.
- The bill relies on a future study to determine the details of the tax.
Bill text
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Sponsors
Official sponsors from legislative records.
3 on record
Primary sponsor
Cosponsors
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