Bill

Bill > SB00320


CT SB00320

CT SB00320
An Act Concerning The Information Required For Special Fuel Tax Returns.


summary

Introduced
01/09/2025
In Committee
01/09/2025
Crossed Over
Passed
Dead
06/04/2025

Introduced Session

2025 General Assembly

Bill Summary

To prohibit the Department of Revenue Services from requiring taxpayers to report nontaxable sales and use information when filing special fuel tax returns.

AI Summary

This bill aims to modify existing tax reporting requirements by preventing the Department of Revenue Services (DRS) from mandating that taxpayers include information about nontaxable sales and use transactions when submitting special fuel tax returns. Special fuel tax returns are documents filed by businesses or individuals who sell or use special fuels (like diesel or alternative fuels) to calculate and report their tax obligations. By prohibiting the DRS from requiring reporting of nontaxable sales, the bill seeks to simplify the tax filing process for taxpayers dealing with special fuel transactions, potentially reducing administrative burden and paperwork for businesses and individuals in the fuel industry. The proposed change would apply to title 12 of the general statutes, which likely covers taxation and revenue regulations in the jurisdiction.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Referred to Joint Committee on Finance, Revenue and Bonding (on 01/09/2025)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...