Connecticut 2013 Regular Session

Connecticut House Bill HB06066

Introduced
1/24/13  
Refer
1/24/13  

Caption

An Act Excluding Certain Farmers Who Are Veterans From The Sales And Use Tax.

Impact

The proposed legislation could significantly impact state laws regarding tax exemptions, particularly within the agricultural sector. It seeks to foster a more inclusive environment for veterans who might be exploring new career paths in farming. By easing the financial entry barriers, the bill aims to promote agricultural practices among veterans, potentially leading to increased crop production and sustainability in local farming communities. This initiative reflects the state's commitment to supporting veterans and acknowledging their service by providing them with economic opportunities.

Summary

House Bill 06066 is designed to provide tax relief to certain veterans by exempting them from sales and use tax on personal property used in agriculture. Specifically, the bill aims to encourage veterans who are inexperienced in farming or who have only engaged in the practice for a short duration (less than two years) to participate in agricultural production. By allowing these veterans to obtain a permit from the Department of Revenue Services, they can engage in farming without the burden of taxation on their agricultural resources.

Contention

Notable points of contention may arise concerning eligibility criteria and the implications of the tax exemption on both state revenue and existing farmers. Critics may question whether the exemption could result in an undue advantage for veteran farmers over veteran farmers who do not qualify due to their prior farming experience. Furthermore, discussions could arise regarding the effectiveness and clarity of the criteria determining who qualifies as an inexperienced farmer. The bill posts a challenge to balance state interests in maintaining tax revenues while providing incentives to support veterans.

Companion Bills

No companion bills found.

Previously Filed As

CT HB05402

An Act Excluding From Veterans' Income Calculations Certain Benefits Payments For Purposes Of Eligibility For Certain State And Municipal Programs.

CT HB05041

An Act Exempting Certain Articles Of Children's Clothing From The Sales And Use Taxes.

CT SB00269

An Act Reducing The Sales And Use Taxes For Certain Goods Used In New Housing Construction.

CT HB05492

An Act Establishing A Farm Investment Tax Credit And Concerning The Threshold For Certain Optional Farm-related Property Tax Exemptions.

CT SB00081

An Act Exempting Certain Articles Of Clothing From The Sales And Use Taxes.

CT HB05105

An Act Exempting Ambulances From The Sales And Use Taxes.

CT HB05036

An Act Exempting Hospital Beds For Home Health Care Use From The Sales And Use Taxes.

CT HB05109

An Act Establishing A Tax Credit For Farmers Who Purchase Equipment And Technology For Their Farms.

CT HB05285

An Act Concerning Veterans' Specialty License Plates And Driver's Licenses For Certain Former Armed Forces Reservists.

CT HB05113

An Act Increasing The Highest Marginal Rate Of The Personal Income Tax And Establishing A Capital Gains Surcharge To Provide Funding For Certain Child-related, Municipal And Higher Education Initiatives.

Similar Bills

No similar bills found.