CT SB00273

Exempts from sales and use taxes personal property and services purchased by water companies for maintaining, operating, managing or controlling water supply infrastructure serving 50 or more consumers, effective July 1, 2017.

Exemption applies to water company purchases used for ponds, lakes, reservoirs, streams, wells, and water distributing plants or systems.

Adds subdivision (122) to section 12-412 of the general statutes defining the water company exemption.

Also renumbers existing exemptions (122) and (123) to (123) and (124) respectively, including exemptions for feminine hygiene products and disposable or reusable diapers.

Section 2 takes effect July 1, 2018, and comprehensively amends section 12-412 to incorporate all sales tax exemptions.