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Bill > HB05042
CT HB05042
CT HB05042An Act Concerning The Sales Price Threshold Of Motor Vehicles Subject To A Higher Sales And Use Taxes Rate.
summary
Introduced
02/07/2024
02/07/2024
In Committee
02/07/2024
02/07/2024
Crossed Over
Passed
Dead
05/08/2024
05/08/2024
Introduced Session
2024 General Assembly
Bill Summary
To increase to more than seventy-five thousand dollars the sales price threshold for a motor vehicle subject to the seven and three-fourths per cent sales and use taxes rate.
AI Summary
This bill proposes to increase the sales price threshold for a motor vehicle subject to the seven and three-fourths percent sales and use taxes rate from the current level to more than seventy-five thousand dollars. This change would result in more motor vehicles being subject to the higher sales and use taxes rate.
Committee Categories
Budget and Finance
Sponsors (13)
Tim Ackert (R)*,
Vincent Candelora (R)*,
Devin Carney (R)*,
Tom O'Dea (R)*,
Jason Perillo (R)*,
Dave Rutigliano (R)*,
Tami Zawistowski (R)*,
Lezlye Zupkus (R)*,
Mark Anderson (R),
Francis Rexford Cooley (R),
Tom Delnicki (R),
Craig Fishbein (R),
Greg Howard (R),
Last Action
Referred to Joint Committee on Finance, Revenue and Bonding (on 02/07/2024)
Bill Topics
Macroeconomics
- ‐ Taxation, Tax Policy, and Tax Reform
bill text
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bill summary
| Document Type | Source Location | Created |
|---|---|---|
| State Bill Page | https://www.cga.ct.gov/asp/cgabillstatus/cgabillstatus.asp?selBillType=Bill&bill_num=HB05042&which_year=2024 | 02/06/2024 |
| BillText | https://www.cga.ct.gov/2024/TOB/H/PDF/2024HB-05042-R00-HB.PDF | 02/06/2024 |
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