Massachusetts H3233 proposes to replace the motor vehicle excise tax with an adjusted gas tax.

Massachusetts H3233 seeks to repeal the current motor vehicle excise tax and replace it with an adjusted gas tax. The bill mandates the Department of Revenue to compile a list of all registered vehicles and calculate the revenue that would have been collected under the repealed Chapter 60A. Using this data, the commissioner will determine the necessary gas tax adjustment to match the estimated revenue municipalities would have collected. The bill also requires municipalities to submit information to the commissioner for this calculation.

Massachusetts H3233 proposes to replace the motor vehicle excise tax with an adjusted gas tax.

Massachusetts H3233 seeks to repeal the current motor vehicle excise tax and replace it with an adjusted gas tax. The bill mandates the Department of Revenue to compile a list of all registered vehicles and calculate the revenue that would have been collected under the repealed Chapter 60A. Using this data, the commissioner will determine the necessary gas tax adjustment to match the estimated revenue municipalities would have collected. The bill also requires municipalities to submit information to the commissioner for this calculation.