General Assembly Proposed Bill No. 85
February Session, 2010 LCO No. 578
Referred to Committee on Finance, Revenue and Bonding
Introduced by:
SEN. CALIGIURI, 16th Dist.
General Assembly
Proposed Bill No. 85
February Session, 2010
LCO No. 578
Referred to Committee on Finance, Revenue and Bonding
Introduced by:
SEN. CALIGIURI, 16th Dist.
AN ACT CONCERNING USE OF THE PETROLEUM GROSS RECEIPTS TAX FOR TRANSPORTATION PROJECTS.
Be it enacted by the Senate and House of Representatives in General Assembly convened:
That the general statutes be amended to require that all revenue generated by the petroleum gross receipts tax must be used to fund transportation projects and cannot be used for general fund expenditures.
Statement of Purpose:
To require that all revenue generated from the gross receipts tax on petroleum be used to fund transportation projects.