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S2095 • 2025

An Act to establish a vendors’ collection allowance

An Act to establish a vendors’ collection allowance

Taxes
Active

The official status still shows this bill as active or still awaiting another formal step.

Sponsor
John C. Velis
Last action
2026-07-02
Official status
Referred to House Committee on Ways and Means
Effective date
Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

An Act to establish a vendors’ collection allowance

An Act to establish a vendors’ collection allowance By Mr.

What This Bill Does

  • An Act to establish a vendors’ collection allowance By Mr.
  • Velis, a petition (accompanied by bill, Senate, No.
  • 2095) of John C.
  • Velis for legislation to establish a vendors’ collection allowance.

Limits and Unknowns

  • This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Bill History

  1. 2026-07-02 House

    Bill reported favorably by committee and referred to the committee on House Ways and Means

  2. 2026-04-01 Senate

    Reporting date extended to Thursday June 25, 2026

  3. 2025-09-19 Joint

    Hearing scheduled for 09/29/2025 from 01:00 PM-05:00 PM in A-1

  4. 2025-02-27 Senate

    Referred to the committee on Revenue

  5. 2025-02-27 House

    House concurred

Official Summary Text

An Act to establish a vendors’ collection allowance
By Mr. Velis, a petition (accompanied by bill, Senate, No. 2095) of John C. Velis for legislation to establish a vendors’ collection allowance. Revenue.
Status:
Referred to House Committee on Ways and Means

Current Bill Text

Read the full stored bill text 
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Bill S.2095

SECTION 1. Section 5 of chapter 64H of the General Laws, as appearing in the 2022 Official Edition, is hereby amended by adding at the end thereof the following:-

All vendors that collect tax under the provisions of this chapter shall be entitled to retain an amount equal to 2 per cent of the total amount of tax collected in any one calendar year. The total amount so retained in any calendar year by any 1 vendor, when combined with the taxes retained as provided in section 6 of chapter 64I, shall not exceed $750. The vendor shall retain these amounts by deducting not more than 2 per cent of the tax collected during the standard reporting period. Upon reaching the annual maximum retention amount, the vendor shall not be entitled to deduct any further amount from taxes collected until the beginning of the next calendar year.

SECTION 2. Section 6 of chapter 64I of the General Laws, as appearing in the 2022 Official Edition, is hereby amended by adding at the end thereof the following:-

All vendors that collect tax under the provisions of this chapter shall be entitled to retain an amount equal to 2 per cent of the total amount of tax collected in any one calendar year. The total amount so retained in any calendar year by any 1 vendor, when combined with the taxes retained as provided in section 5 of chapter 64H, shall not exceed $750. The vendor shall retain these amounts by deducting not more than 2 per cent of the tax collected during the standard reporting period. Upon reaching the annual maximum retention amount, the vendor shall not be entitled to deduct any further amount from taxes collected until the beginning of the next calendar year.

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