Further Amendment #762.1 to H3400

Further to 762

Mr. Kaufman of Lexington Mr. Kaufman of Lexington moves to further amend amendment 762 by inserting the following section:-

Section 7.  Notwithstanding any general or special law to the contrary, sections 1 to 6, inclusive, shall not take effect until the tax expenditure commission established by section 160 of chapter 68 of the acts of 2011 has examined the issue of tax holidays, including a meals tax holiday and a sales tax holiday, and furnishes a report of a holiday’s impact on the state’s economy, including the revenue cost to the commonwealth, its transportation infrastructure and its cities and towns in the form of local aid; the current practices of other states; and any anticipated change in employment or business growth and ancillary economic activity. The commission shall file the report with the joint committee on revenue on or before August 1, 2013.