CT SB00002

Exempts electricity and natural gas sales from sales and use taxes for commercial and industrial customers with less than $10 million in gross income

Dedicates revenue from the additional 1% sales tax on meals, splitting it evenly between two purposes

Deposits 50% of the meals tax revenue into the Tourism Fund

Pays 50% of the meals tax revenue directly to municipalities where the meal purchases are sourced

Stated purpose is to lower costs for businesses and reduce costs passed on to consumers