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CT HB05042

Bill

Status

Introduced

2/7/2024

Primary Sponsor

Vincent Candelora

Click for details

Origin

House of Representatives

2024 General Assembly

AI Summary

  • Amends Chapter 219 of the general statutes to increase the motor vehicle sales price threshold to more than $75,000
  • Applies the higher 7.75% sales and use tax rate only to motor vehicles exceeding the $75,000 sales price threshold
  • Referred to the Committee on Finance, Revenue and Bonding
  • Introduced during the February 2024 legislative session by nine House representatives

Legislative Description

An Act Concerning The Sales Price Threshold Of Motor Vehicles Subject To A Higher Sales And Use Taxes Rate.

Last Action

Referred to Joint Committee on Finance, Revenue and Bonding

2/7/2024

Committee Referrals

Finance, Revenue and Bonding2/7/2024

Full Bill Text

No bill text available