General Assembly Proposed Bill No. 5191
February Session, 2014 LCO No. 694
Referred to Committee on FINANCE, REVENUE AND BONDING
Introduced by:
REP. ZONI, 81st Dist.
General Assembly
Proposed Bill No. 5191
February Session, 2014
LCO No. 694
Referred to Committee on FINANCE, REVENUE AND BONDING
Introduced by:
REP. ZONI, 81st Dist.
AN ACT EXEMPTING THE SALE OF A MOTOR VEHICLE TO A GRANDCHILD FROM THE USE TAX.
Be it enacted by the Senate and House of Representatives in General Assembly convened:
That section 12-431 of the general statutes be amended to provide that no use tax be payable when a motor vehicle is sold to the seller's grandchild.
Statement of Purpose:
To allow grandparents to transfer registration of a car to a grandchild without paying the use tax due on such casual sale.