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CT SB00475
Bill
Status
Introduced
1/24/2019
Primary Sponsor
Martin Looney
Click for details
AI Summary
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Increases the sales tax rate by one-half percent (0.5%) statewide.
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Returns all revenue from the additional one-half percent tax to municipalities where sales occur.
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For sales at large regional shopping malls, distributes the additional revenue as 60% to the municipality/municipalities where the mall is located and 40% on a per capita basis to contiguous municipalities.
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Introduced by Senator Looney (11th District) and referred to the Committee on Finance, Revenue and Bonding.
Legislative Description
An Act Increasing The Sales Tax Rate And Dedicating The Additional Revenue To Municipalities.
Last Action
Public Hearing 02/13
2/8/2019
Committee Referrals
Finance, Revenue and Bonding1/24/2019
Full Bill Text
No bill text available