Connecticut House Bill HB05086

Connecticut 2012 Regular Session

• Introduced: 2/15/12
• Refer: 2/15/12

Caption

An Act Concerning Payment Of The Gross Receipts Tax.

Impact

If enacted, this bill would significantly alter the way taxation related to petroleum products is handled, aiming to prevent businesses from imposing unexpected charges on consumers for taxes they have not settled. Such a change could effectively shield consumers from sudden increases in their bills that they were unaware of at the time of purchase, potentially fostering a more fair and predictable financial relationship between vendors and customers.

Summary

House Bill 05086 aims to amend chapter 227 of the general statutes concerning the payment of the gross receipts tax, specifically addressing how unpaid tax amounts are billed to consumers. The primary intention of the bill is to prohibit individuals or entities liable for the petroleum products gross receipts tax from retroactively adding unpaid tax amounts to customers' bills. This initiative seeks to enhance consumer protection and ensure transparency in billing practices related to tax responsibilities.

Contention

Discussions surrounding HB 05086 may raise points of contention regarding the implications for businesses, especially those dealing with petroleum products. Some stakeholders might argue that prohibiting the addition of unpaid taxes to customer bills could impact the cash flow of businesses that rely on collecting these taxes directly from consumers. This could result in pushback from businesses concerned about their financial viability and the practicality of absorbing unpaid taxes themselves without transferring costs to consumers.