Bill > HB05100

This bill proposes to amend section 12-71e of the general statutes to increase the maximum mill rate for motor vehicles from 32.46 mills to 36.0 mills. A mill rate is a property tax rate where one mill represents $1 of tax for every $1,000 of assessed property value. In this specific context, the bill focuses on the mill rate applied to motor vehicle valuations, effectively allowing municipalities to charge slightly higher property taxes on vehicles. By raising the maximum mill rate from 32.46 to 36.0, local governments would have the ability to generate slightly more tax revenue from vehicle ownership. The bill is straightforward in its purpose, providing local jurisdictions with a modest increase in their potential taxation rate for motor vehicles.

Budget and Finance, Housing and Urban Affairs

https://www.cga.ct.gov/asp/cgabillstatus/cgabillstatus.asp?selBillType=Bill&bill_num=HB05100&which_year=2025