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CT HB05005
Bill
Status
Introduced
2/4/2026
Primary Sponsor
Vincent Candelora
Click for details
AI Summary
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Raises the price threshold for motor vehicles subject to the higher 7.75% sales and use tax rate from the current level to more than $75,000
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Motor vehicles priced at $75,000 or below would be taxed at the standard sales tax rate rather than the elevated 7.75% rate
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Amends Chapter 219 of the Connecticut General Statutes governing sales and use taxes
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Referred to the Committee on Finance, Revenue and Bonding during the February 2026 session
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
2/4/2026
Committee Referrals
Finance, Revenue and Bonding2/4/2026
Full Bill Text
No bill text available