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CT HB06006
Bill
Status
Introduced
1/19/2017
Primary Sponsor
David Baram
Click for details
AI Summary
- Permits municipalities to levy a local sales tax of 0.75% on goods and services currently subject to the state sales tax
- Requires the Department of Revenue Services to collect local sales tax revenues and remit them to municipalities quarterly
- Distributes local sales tax revenues using a two-part formula: 50% based on each municipality's population (per most recent federal decennial census) and 50% based on the total value of tax-exempt real property within each municipality
- Intended to provide additional revenue to municipalities and reduce reliance on local property tax revenue
Legislative Description
An Act Authorizing Municipalities To Levy A Local Sales Tax.
Last Action
Change of Reference to Finance, Revenue and Bonding
2/2/2017
Committee Referrals
Finance, Revenue and Bonding2/1/2017
Planning and Development1/19/2017
Full Bill Text
No bill text available