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CT HB06456
Bill
Status
2/20/2013
Primary Sponsor
Veterans' Affairs Committee
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AI Summary
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Allows the Department of Revenue Services to issue farmer tax exemption permits to veterans without requiring the typical $2,500 minimum gross income threshold from agricultural production.
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Veterans receiving permits must carry on agricultural production as a trade or business for two years after permit issuance, or become liable for sales and use tax otherwise exempted.
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Permits become effective October 1, 2013, and veterans who fail to meet the two-year agricultural operation requirement are ineligible for future permits under this or other similar provisions.
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Requires the Department of Agriculture to collaborate with the Department of Veterans' Affairs and Labor Department to assist veterans in starting or expanding agricultural businesses and provide farming education and training opportunities.
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Amends the Connecticut Farm Link program to include veteran-focused support for agricultural business development through the newly created collaborative effort.
Legislative Description
An Act Excluding Certain Farmers Who Are Veterans From The Sales And Use Tax.
Last Action
Favorable Change of Reference, Senate to Committee on Finance, Revenue and Bonding
3/13/2013