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CT HB06414

Bill

Status

Introduced

2/17/2011

Primary Sponsor

Planning and Development Committee

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Origin

House of Representatives

2011 General Assembly

AI Summary

  • Increases the Connecticut sales and use tax rate from 6% to 6.25% effective October 1, 2011, for sales occurring on or after that date.

  • Adjusts the sales tax bracket system to reflect the increased rate, with the "no tax" bracket changing from $0.00-$0.08 to $0.00-$0.07 and subsequent brackets adjusted proportionally.

  • Requires the Commissioner of Revenue Services to segregate 0.25% of all sales and use tax revenue and distribute it pro rata to regional councils of governments based on municipal population ratios.

  • Directs regional councils of governments to use returned tax revenue to promote regionalism initiatives, including regional economic development and cooperative programs and agreements.

Legislative Description

An Act Returning A Portion Of The Sales Tax For Regionalism Initiatives.

Last Action

Referred to Joint Committee on Planning and Development

2/17/2011

Committee Referrals

Planning and Development2/17/2011

Full Bill Text

No bill text available