Bill > HB05065

This bill proposes to amend Connecticut's existing sales and use tax laws to create a new tax exemption for certain military and veterans-related organizations. Specifically, the bill would exempt sales of tangible personal property and services to organizations that qualify under Section 501(c)(19) of the Internal Revenue Code from paying state sales and use taxes. Section 501(c)(19) is a specific section of the federal tax code that defines veteran service organizations, such as veterans' posts, auxiliaries, or charitable groups that primarily serve veterans. By providing this tax exemption, the bill aims to support military and veterans' organizations by reducing their financial burden when purchasing goods or services. The exemption would apply to both the sale of items and their storage, use, or consumption within the state of Connecticut. This legislation represents a targeted effort to provide financial relief and recognition to organizations that support military veterans and their communities.

Budget and Finance

https://www.cga.ct.gov/asp/cgabillstatus/cgabillstatus.asp?selBillType=Bill&bill_num=HB05065&which_year=2025