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CT HB05050
Bill
Status
Introduced
2/6/2026
Primary Sponsor
Devin Carney
Click for details
AI Summary
- Raises the price threshold for the higher 7.75% sales and use tax rate on motor vehicles from the current level to more than $75,000
- Motor vehicles priced at $75,000 or below would be subject to the standard sales tax rate rather than the elevated rate
- Amends Chapter 219 of the Connecticut General Statutes governing sales and use taxes
- 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
2/6/2026
Committee Referrals
Finance, Revenue and Bonding2/6/2026
Full Bill Text
No bill text available