Amendment #703 to H4000

An Amendment eliminating the inventory tax

Mr. Cutler of Duxbury moves to amend the bill by adding the following section:

SECTION XXXX. Notwithstanding any general or special law to the contrary, Section 5 of Chapter 59 is hereby amended by adding a clause thereto:

Nineteenth A, Merchandise that is situated in Massachusetts, including inventory held for sale; finished goods; products, goods, wares or stock in trade; works in progress; materials or supplies, and archived or stored goods.