By Mr. Marzilli of Arlington, petition (accompanied by bill, House, No. 3031) of J. James Marzilli, Jr., relative to the excise tax on motor vehicles.  Revenue.

 

The Commonwealth of Massachusetts

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PETITION OF:

 


J. James Marzilli, Jr.

 

 


 

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In the Year Two Thousand and Seven.

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 An Act relative to the automobile excise tax.

 

    Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:


 

SECTION 1.  Chapter 60A of the 2002 edition of the Massachusetts General Laws is amended in section 1 in line 14 by striking “60%” and inserting “80%”; in line 15 by striking “40%” and inserting “70%”; in line 16 by striking “25%” and inserting “60%”; in line 17 by striking “10%” and the words “and succeeding years” and inserting “50%”; and by adding the following:

“In the sixth and succeeding years…………………………………………0%”;

provided, that the Registrar of Motor Vehicles shall provide to the House Committee on Ways and Means and to the Senate Committee on Ways and Means, no later than June 30, 2007, an estimate of the total amount of revenue generated by this section; and provided further that the Registrar shall provide to the Committees on Ways and Means an alternate schedule which generates an amount of revenue equal to the amount collected in fiscal year 2007.