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CT HB05015

Bill

Official Source

Status

Introduced

2/3/2016

Primary Sponsor

Pam Staneski

Click for details

Origin

House of Representatives

2016 General Assembly

AI Summary

  • Reduces sales and use tax rate on jewelry sales exceeding $5,000 from 7.75% to 7%
  • Reduces sales and use tax rate on clothing sales exceeding $1,000 from 7.75% to 7%
  • Amends subparagraph (H) of subdivision (1) of section 12-408 of the general statutes
  • Referred to Committee on Finance, Revenue and Bonding
  • Purpose is to revitalize consumer buying through reduced tax rates on high-value jewelry and clothing purchases

Legislative Description

An Act Reducing The Tax Rate Applicable To Certain Jewelry And Clothing Sales.

Last Action

Referred to Joint Committee on Finance, Revenue and Bonding

2/3/2016

Committee Referrals

Finance, Revenue and Bonding2/3/2016

Full Bill Text

No bill text available