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Bill > HB05132


CT HB05132

CT HB05132
An Act Exempting Machinery And Equipment Used In The Process Of Coloring Or Mixing Paint From The Sales And Use Taxes.


summary

Introduced
02/10/2026
In Committee
02/10/2026
Crossed Over
Passed
Dead

Introduced Session

2026 General Assembly

Bill Summary

To exempt machinery and equipment used in the process of coloring or mixing paint and used by retailers that offer paint for sale from the sales and use taxes.

AI Summary

This bill amends Title 12 of the general statutes to exempt from sales and use taxes any machinery and equipment that is used in the process of coloring or mixing paint and is also used by retailers who sell paint at retail in the state. Sales tax is a tax on the sale of goods and services, while use tax is a tax on the storage, use, or consumption of goods purchased outside the state but used within the state. This exemption aims to reduce the tax burden on businesses involved in paint preparation and retail.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Referred to Joint Committee on Finance, Revenue and Bonding (on 02/10/2026)

bill text


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