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CT HB05620

Bill

Official Source

Status

Introduced

1/18/2023

Primary Sponsor

Vincent Candelora

Click for details

Origin

House of Representatives

2023 General Assembly

AI Summary

  • Exempts gas and electric distribution companies' gross receipts from Connecticut sales tax
  • Repeals the gross earnings tax on gas and electric distribution companies
  • Applies to title 12 of the general statutes
  • Stated purpose is to reduce electricity and heating costs
  • Introduced by Representatives Candelora, Zupkus, and Buckbee; referred to Committee on Energy and Technology

Legislative Description

An Act Exempting Gas And Electric Utilities From The Sales Tax And Gross Earnings Tax.

Last Action

Change of Reference, Senate to Committee on Finance, Revenue and Bonding

1/31/2023

Committee Referrals

Finance, Revenue and Bonding1/26/2023
Energy and Technology1/18/2023

Full Bill Text

No bill text available