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CT HB05064

Bill

Official Source

Status

Introduced

2/9/2024

Primary Sponsor

Devin Carney

Click for details

Origin

House of Representatives

2024 General Assembly

AI Summary

  • Raises the sales price threshold for motor vehicles subject to the higher 7.75% sales and use tax rate to more than $75,000

  • Amends Chapter 219 of the Connecticut General Statutes governing sales and use taxes

  • Motor vehicles priced at $75,000 or below would be taxed at the standard sales tax rate rather than the elevated 7.75% rate

  • Introduced by Rep. Carney (23rd District) and referred to the Finance, Revenue and Bonding Committee

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

2/9/2024

Committee Referrals

Finance, Revenue and Bonding2/9/2024

Full Bill Text

No bill text available