CT HB05458

Imposes a $1 per day surcharge on passenger motor vehicle rentals and leases for periods of 30 consecutive days or less, effective July 1, 2020.

Applies to rentals or leases provided by persons licensed under section 14-15 or marketplace facilitators as defined in section 12-408e.

Excludes rentals or leases with written agreements exceeding 30 days from the surcharge requirement.

Requires lessors to collect the full surcharge amount from lessees and remit it to the commissioner, with marketplace facilitators classified as retailers for collection purposes.

Allows retailers to credit uncollectible surcharge amounts against future surcharge obligations if the underlying account receivable is written off as worthless for federal income tax purposes, with a three-year time limit for claiming such credits.