Massachusetts S2063 amends tax law to tax above ground conduits, wires, and pipes used in natural gas transportation.
Massachusetts S2063 modifies the state's tax law to ensure that above ground conduits, wires, and pipes used in the transportation of natural gas are no longer exempt from taxation. This change applies to corporations or limited liability companies involved in the transportation of natural gas. The bill aims to clarify the tax status of these infrastructure components, ensuring they are subject to the same tax regulations as other similar assets.
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- Critical Issues
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