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CT HB05470

Bill

Official Source

Status

Introduced

3/4/2014

Primary Sponsor

Banks Committee

Click for details

Origin

House of Representatives

2014 General Assembly

AI Summary

  • Adds a new sales and use tax exemption for Connecticut credit unions under Section 12-412 of the general statutes
  • Exempts sales of tangible personal property or services to credit unions from sales and use taxes
  • Exempts storage, use, or other consumption of tangible personal property or services by credit unions from sales and use taxes
  • Applies to credit unions as defined in Section 36a-2 of Connecticut law
  • Effective July 1, 2014, for all sales occurring on or after that date

Legislative Description

An Act Requiring A Sales And Use Tax Exemption For Sales To Connecticut Credit Unions.

Last Action

Favorable Change of Reference, Senate to Committee on Finance, Revenue and Bonding

3/25/2014

Committee Referrals

Finance, Revenue and Bonding3/18/2014
Banks3/4/2014

Full Bill Text

No bill text available