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CT SB01447

Bill

Status

Introduced

3/5/2025

Primary Sponsor

Transportation Committee

Click for details

Origin

Senate

2025 General Assembly

AI Summary

  • Peer-to-peer car sharing (e.g., Turo) becomes subject to a 9.35% sales and use tax for rentals of 30 consecutive calendar days or less, effective July 1, 2025

  • Revenue from the peer-to-peer car sharing tax will be distributed: 57.3% to the General Fund, 37.4% to the Special Transportation Fund, and 5.3% to the Municipal Revenue Sharing Fund

  • Peer-to-peer car sharing platforms that facilitate sales and collect payments must obtain a permit, collect and remit the tax, and maintain records required by the Commissioner of Revenue Services

  • Shared vehicle owners are not liable for tax collection if the car sharing platform collected the tax due on the transaction

  • Repeals section 13b-14b, which required legislative approval before the Department of Transportation could study mileage-based user fees on state highways

Legislative Description

An Act Subjecting Peer-to-peer Car Sharing To The Sales And Use Tax And Repealing The Statute Requiring Legislative Approval To Study Mileage-based User Fees On State Highways.

Last Action

Favorable Report, Tabled for the Calendar, Senate

5/6/2025

Committee Referrals

Finance, Revenue and Bonding5/1/2025
Transportation3/5/2025

Full Bill Text

No bill text available