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CT HB06314
Bill
Status
Introduced
1/23/2025
Primary Sponsor
William Buckbee
Click for details
AI Summary
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Raises the sales price threshold for motor vehicles subject to the higher 7.75% sales and use tax rate to more than $75,000
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Amends Chapter 219 of the Connecticut general statutes governing sales and use taxes
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Motor vehicles priced at $75,000 or below would be taxed at the standard rate rather than the elevated 7.75% rate
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
1/23/2025
Committee Referrals
Finance, Revenue and Bonding1/23/2025
Full Bill Text
No bill text available