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| 2 | 2 | | SENATE DOCKET, NO. 799 FILED ON: 1/14/2025 |
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| 3 | 3 | | SENATE . . . . . . . . . . . . . . No. 2095 |
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| 4 | 4 | | The Commonwealth of Massachusetts |
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| 5 | 5 | | _________________ |
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| 6 | 6 | | PRESENTED BY: |
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| 7 | 7 | | John C. Velis |
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| 8 | 8 | | _________________ |
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| 9 | 9 | | To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General |
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| 10 | 10 | | Court assembled: |
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| 11 | 11 | | The undersigned legislators and/or citizens respectfully petition for the adoption of the accompanying bill: |
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| 12 | 12 | | An Act to establish a vendors’ collection allowance. |
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| 13 | 13 | | _______________ |
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| 14 | 14 | | PETITION OF: |
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| 15 | 15 | | NAME:DISTRICT/ADDRESS :John C. VelisHampden and Hampshire 1 of 2 |
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| 16 | 16 | | SENATE DOCKET, NO. 799 FILED ON: 1/14/2025 |
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| 17 | 17 | | SENATE . . . . . . . . . . . . . . No. 2095 |
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| 18 | 18 | | By Mr. Velis, a petition (accompanied by bill, Senate, No. 2095) of John C. Velis for legislation |
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| 19 | 19 | | to establish a vendors’ collection allowance. Revenue. |
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| 20 | 20 | | [SIMILAR MATTER FILED IN PREVIOUS SESSION |
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| 21 | 21 | | SEE SENATE, NO. 1957 OF 2023-2024.] |
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| 22 | 22 | | The Commonwealth of Massachusetts |
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| 23 | 23 | | _______________ |
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| 24 | 24 | | In the One Hundred and Ninety-Fourth General Court |
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| 25 | 25 | | (2025-2026) |
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| 26 | 26 | | _______________ |
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| 27 | 27 | | An Act to establish a vendors’ collection allowance. |
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| 28 | 28 | | Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority |
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| 29 | 29 | | of the same, as follows: |
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| 30 | 30 | | 1 SECTION 1. Section 5 of chapter 64H of the General Laws, as appearing in the 2022 |
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| 31 | 31 | | 2Official Edition, is hereby amended by adding at the end thereof the following:- |
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| 32 | 32 | | 3 All vendors that collect tax under the provisions of this chapter shall be entitled to retain |
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| 33 | 33 | | 4an amount equal to 2 per cent of the total amount of tax collected in any one calendar year. The |
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| 34 | 34 | | 5total amount so retained in any calendar year by any 1 vendor, when combined with the taxes |
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| 35 | 35 | | 6retained as provided in section 6 of chapter 64I, shall not exceed $750. The vendor shall retain |
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| 36 | 36 | | 7these amounts by deducting not more than 2 per cent of the tax collected during the standard |
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| 37 | 37 | | 8reporting period. Upon reaching the annual maximum retention amount, the vendor shall not be |
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| 38 | 38 | | 9entitled to deduct any further amount from taxes collected until the beginning of the next |
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| 39 | 39 | | 10calendar year. 2 of 2 |
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| 40 | 40 | | 11 SECTION 2. Section 6 of chapter 64I of the General Laws, as appearing in the 2022 |
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| 41 | 41 | | 12Official Edition, is hereby amended by adding at the end thereof the following:- |
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| 42 | 42 | | 13 All vendors that collect tax under the provisions of this chapter shall be entitled to retain |
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| 43 | 43 | | 14an amount equal to 2 per cent of the total amount of tax collected in any one calendar year. The |
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| 44 | 44 | | 15total amount so retained in any calendar year by any 1 vendor, when combined with the taxes |
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| 45 | 45 | | 16retained as provided in section 5 of chapter 64H, shall not exceed $750. The vendor shall retain |
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| 46 | 46 | | 17these amounts by deducting not more than 2 per cent of the tax collected during the standard |
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| 47 | 47 | | 18reporting period. Upon reaching the annual maximum retention amount, the vendor shall not be |
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| 48 | 48 | | 19entitled to deduct any further amount from taxes collected until the beginning of the next |
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| 49 | 49 | | 20calendar year. |
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