Bill > HB05680

This bill proposes to modify Connecticut's sales and use tax laws by creating a specific exemption for machinery and equipment used in the process of coloring or mixing paint, specifically for retailers who sell paint at retail in the state. Currently, such equipment would typically be subject to sales and use taxes, but this bill would eliminate that tax burden for paint retailers using machinery in their color mixing and paint preparation processes. The exemption is designed to reduce the operational costs for paint retailers by removing the additional tax expense associated with purchasing specialized equipment used in their paint production and preparation processes. By providing this tax exemption, the bill aims to potentially lower the overall costs for paint retailers and, by extension, could help make paint products more affordable for consumers. The proposed change would be implemented by amending title 12 of the general statutes to specifically exclude these types of machinery and equipment from sales and use tax requirements.

Budget and Finance

https://www.cga.ct.gov/asp/cgabillstatus/cgabillstatus.asp?selBillType=Bill&bill_num=HB05680&which_year=2025