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Bill > SB00229


CT SB00229

CT SB00229
An Act Authorizing Municipalities To Impose Certain Excise Taxes.


summary

Introduced
01/08/2025
In Committee
01/08/2025
Crossed Over
Passed
Dead
06/04/2025

Introduced Session

2025 General Assembly

Bill Summary

To authorize municipalities to impose excise taxes on occupancy, event venue rentals, and meals and beverages.

AI Summary

This bill authorizes municipalities to impose three specific types of excise taxes within their jurisdictions. First, municipalities can levy a tax up to 1% on the total rent received from hotel, lodging house, or bed and breakfast occupancy. Second, they can impose a tax up to 3% on the total rent collected by event venues for room rentals. Third, municipalities can implement a 1% tax on the total revenue generated from meal and beverage sales at eating establishments. The bill amends title 12 of the general statutes to provide this local taxation authority, giving municipalities more flexibility in generating local revenue. By allowing these targeted excise taxes, the legislation enables local governments to potentially increase their income streams from specific business sectors without placing the entire tax burden on property owners or through other traditional revenue sources.

Committee Categories

Budget and Finance, Housing and Urban Affairs

Sponsors (1)

Last Action

Change of Reference, House to Committee on Finance, Revenue and Bonding (on 01/22/2025)

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