General Assembly Raised Bill No. 6396
January Session, 2011 LCO No. 3510
*03510_______CE_*
Referred to Committee on Commerce
Introduced by:
(CE)
General Assembly
Raised Bill No. 6396
January Session, 2011
LCO No. 3510
*03510_______CE_*
Referred to Committee on Commerce
Introduced by:
(CE)
AN ACT CONCERNING FUNDING FOR TOURISM.
Be it enacted by the Senate and House of Representatives in General Assembly convened:
Section 1. (NEW) (Effective July 1, 2011) If, during any fiscal year, the sales tax revenue collected by the Commissioner of Revenue Services from businesses in North American Industry Classification System sectors 71 and 72 exceeds the amount collected during the fiscal year ending June 30, 2011, by more than three per cent, the commissioner shall segregate the amounts collected beyond such three per cent and transfer such amounts to the state-wide tourism marketing account established pursuant to section 10-395a of the general statutes.
This act shall take effect as follows and shall amend the following sections:
Section 1 July 1, 2011 New section
This act shall take effect as follows and shall amend the following sections:
Section 1
July 1, 2011
New section
Statement of Purpose:
To provide a source of revenue to market the state's tourism industry by segregating sales tax revenue in excess of three per cent above current levels from businesses in the arts, entertainment and recreation and accommodation and food services sectors.
[Proposed deletions are enclosed in brackets. Proposed additions are indicated by underline, except that when the entire text of a bill or resolution or a section of a bill or resolution is new, it is not underlined.]