Connecticut 2012 Regular Session

Connecticut Senate Bill SB00167 Latest Draft

Bill / Introduced Version Filed 02/17/2012

                            General Assembly  Proposed Bill No. 167
February Session, 2012  LCO No. 644
Referred to Committee on Finance, Revenue and Bonding
Introduced by:
SEN. RORABACK, 30th Dist.

General Assembly

Proposed Bill No. 167 

February Session, 2012

LCO No. 644

Referred to Committee on Finance, Revenue and Bonding 

Introduced by:

SEN. RORABACK, 30th Dist.

AN ACT CONCERNING AN EXEMPTION FROM THE PETROLEUM PRODUCTS GROSS EARNINGS TAX FOR COSMETIC GRADE MINERAL OIL.

Be it enacted by the Senate and House of Representatives in General Assembly convened:

That subsection (b) of section 12-587 of the general statutes be amended to exempt cosmetic grade mineral oil from the petroleum products gross earnings tax.

Statement of Purpose: 

To exempt cosmetic grade mineral oil from the petroleum products gross earnings tax.