Extends the research and development sales tax exemption to non-corporate entities in Massachusetts.

The bill proposes to amend Chapter 64H of the General Laws to extend the research and development sales tax exemption to non-corporate entities, including limited liability companies and partnerships. This change allows these entities to qualify for the exemption if they are primarily engaged in research and development activities. The Department of Revenue will provide guidance to assist eligible non-corporate entities in applying for this exemption. The amendment takes effect on January 1, 2026, and applies to all qualifying purchases made on or after this date.

Extends the research and development sales tax exemption to non-corporate entities in Massachusetts.

The bill proposes to amend Chapter 64H of the General Laws to extend the research and development sales tax exemption to non-corporate entities, including limited liability companies and partnerships. This change allows these entities to qualify for the exemption if they are primarily engaged in research and development activities. The Department of Revenue will provide guidance to assist eligible non-corporate entities in applying for this exemption. The amendment takes effect on January 1, 2026, and applies to all qualifying purchases made on or after this date.