SENATE DOCKET, NO. 1314 FILED ON: 1/18/2013
SENATE . . . . . . . . . . . . . . No. 1380
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The Commonwealth of Massachusetts
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PRESENTED BY:
Richard T. Moore
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To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General
Court assembled:
The undersigned legislators and/or citizens respectfully petition for the adoption of the accompanying bill:
An Act promoting construction growth.
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PETITION OF:
Name: | District/Address: |
Richard T. Moore | Worcester and Norfolk |
Michael O. Moore | Second Worcester |
John V. Fernandes | 10th Worcester |
Bruce E. Tarr | First Essex and Middlesex |
SENATE DOCKET, NO. 1314 FILED ON: 1/18/2013
SENATE . . . . . . . . . . . . . . No. 1380
By Mr. Richard T. Moore, a petition (accompanied by bill, Senate, No. 1380) of Richard T. Moore, Michael O. Moore, John V. Fernandes and Bruce E. Tarr for legislation to promote construction growth. Revenue. |
[SIMILAR MATTER FILED IN PREVIOUS SESSION
SEE SENATE, NO. 1489 OF 2011-2012.]
The Commonwealth of Massachusetts
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In the Year Two Thousand Thirteen
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An Act promoting construction growth.
Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:
SECTION 1. Section 6 of chapter 64H of the General Laws, as appearing in the 2010 Official Edition, is hereby amended by inserting at the end thereof the following new subsections:--
(yy) sales of machinery and equipment valued at greater than $20,000 to be used by a qualifying construction company, if the use or operation of the equipment is to occur within the commonwealth.
(zz) any contract to rent or lease equipment, whose contractual value is greater than $1,000, to be used by a qualifying construction company, if the use or operation of said equipment is to occur within the commonwealth.
For the purposes of these paragraphs, a qualifying construction company shall be a business corporation, partnership, firm, unincorporated association or other entity engaged in the construction or remodeling of real property structures in the commonwealth. Said company shall certify to the commissioner that said exemption will create or retain employment within the company. The commissioner shall promulgate rules for the implementation of this paragraph.
SECTION 2. This Act shall take effect upon passage and shall expire after the tax year 2015.