SECTION 1. Chapter 64H, as appearing in the 2014 Official Edition, is hereby amended by striking out section 2 in its entirety and inserting after section 1 the new following section:- 

Section 2:  “An excise is hereby imposed upon sales at retail in the commonwealth, by any vendor, of tangible personal property or of services performed in the commonwealth at the rate of 6.25 per cent of the receipts of the vendor equaling not more than one thousand dollars from all such sales of such property or services, except as otherwise provided in this chapter.  Individual retail sales which total one thousand dollars or greater shall have an excise assessed at 3.00 per cent of the receipt from all such sales of such property or services except as otherwise provided in this chapter.  The excise shall be paid by the vendor to the commissioner at the time provided for filing the return required by section sixteen of chapter sixty-two C.”