Bill

Bill > HB05967


CT HB05967

CT HB05967
An Act Dedicating A Portion Of The Revenue Generated From Sales And Use Taxes Imposed On Meals Sold By An Eating Establishment, Caterer Or Grocery Store To Certain Purposes.


summary

Introduced
01/22/2025
In Committee
01/22/2025
Crossed Over
Passed
Dead
06/04/2025

Introduced Session

2025 General Assembly

Bill Summary

To require a percentage of the revenue generated from the additional one per cent sales and use taxes imposed on meals sold by an eating establishment, caterer or grocery store to be used for certain purposes.

AI Summary

This bill proposes to amend existing tax law by specifying how revenue from an additional 1% sales and use tax on meals (purchased from restaurants, caterers, or grocery stores) will be allocated. Specifically, the bill mandates that the generated revenue will be divided into three distinct portions: one-half percent will be distributed directly to the municipalities where the tax was collected, to be used for infrastructure and public safety initiatives; one-quarter percent will be dedicated to promoting tourism within the state; and the remaining one-quarter percent will be allocated to funding workforce development programs. By earmarking these specific percentages of the new tax revenue, the bill aims to provide targeted financial support to local communities, boost tourism, and enhance job training and employment opportunities across the state. This approach ensures that the additional tax revenue is strategically reinvested to support local economic growth and community development.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Referred to Joint Committee on Finance, Revenue and Bonding (on 01/22/2025)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...