3.309 -Exemption for Vessels, Materials, Tools, Fuels, and Machinery Used in Commercial Fishing

Item Description FY2014 FY2015 FY2016 FY2017 FY2018
3.309 Exemption for Vessels, Materials, Tools, Fuels, and Machinery Used in Commercial Fishing
Materials, tools, fuels, and machinery, including spare parts, used in commercial fishing are exempt from sales tax if they become components of a product to be sold or are consumed or directly used in commercial fishing.

Origin: M.G.L. c. 64H, § 6(r), (s) and (o)
Estimate:   $12.3
11.3 11.0 11.4 11.8 12.3

Key:

ORIGIN
M.G.L. Massachusetts General Laws
ESTIMATES All estimates are in $ millions.