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CT HB05102

Bill

Official Source

Status

Introduced

1/9/2013

Primary Sponsor

Planning and Development Committee

Click for details

Origin

House of Representatives

2013 General Assembly

AI Summary

  • Adds a new property tax exemption for eligible vehicles owned or leased by individuals, effective July 1, 2019
  • Exemption applies to the net assessed value of eligible vehicles up to a maximum value of $20,000
  • Eligible vehicles include cars, light duty trucks, pick-up trucks, and motorcycles identified by the Commissioner of Motor Vehicles
  • Allows lessees to claim the exemption if they lease an eligible vehicle for at least one year under a written lease agreement that assigns property tax responsibility to the lessee
  • Takes effect October 1, 2013 and amends section 12-81 of the general statutes

Legislative Description

An Act Providing An Exemption From Property Tax For Motor Vehicles.

Last Action

File Number 766

5/8/2013

Committee Referrals

Finance, Revenue and Bonding4/25/2013
Planning and Development1/9/2013

Full Bill Text

No bill text available