Bill > HB05415

This bill proposes to modify existing Connecticut state law regarding use tax exemptions for casual motor vehicle sales by expanding the list of family members who can be exempt from paying use tax when purchasing a vehicle from a seller. Specifically, the bill adds grandchildren of the seller to the existing list of family members who can receive a tax exemption when purchasing a motor vehicle in a casual sale. A "casual sale" typically refers to a non-commercial vehicle sale between individuals, such as a private sale between family members, rather than a transaction through a dealership. By adding grandchildren to the exemption list, the bill aims to provide the same tax benefit to grandchildren that is currently available to other family members like children, spouses, or parents when purchasing a vehicle directly from a family member. The modification to section 12-431 of the general statutes would make this change official, allowing grandchildren to potentially save on use tax when buying a vehicle from their grandparent.

Budget and Finance

https://www.cga.ct.gov/asp/cgabillstatus/cgabillstatus.asp?selBillType=Bill&bill_num=HB05415&which_year=2025