Connecticut Senate Bill SB00144

Connecticut 2014 Regular Session

• Introduced: 2/18/14
• Refer: 2/18/14

Caption

An Act Concerning A Reduction In The Tax On Gasoline.

Impact

If enacted, SB00144 would modify Chapter 221 of the general statutes concerning gasoline taxation. The bill's supporters argue that this tax relief will stimulate consumer spending by allowing individuals to retain more of their income, which in turn could benefit local economies. Additionally, the reduced gasoline tax could have favorable implications for businesses reliant on transportation and logistics, as they would face lower operational costs. This legislative change aligns with broader economic objectives to enhance affordability for citizens and support local commerce.

Summary

SB00144 is a legislative proposal aimed at reducing the tax imposed on gasoline. Introduced by Senator Crisco, the bill seeks to provide tax relief to motorists who are facing rising costs associated with fuel. The reduction in taxes on gasoline is positioned as a measure to ease the financial burden on consumers and improve overall affordability, particularly in light of fluctuating gas prices that significantly impact household budgets and transportation costs.

Contention

However, the proposal is likely to encounter opposition from those concerned about its impact on state revenue. Critics may argue that reducing gasoline taxes could lead to a significant shortfall in funds that are typically allocated to vital public services, including transportation infrastructure maintenance and road safety initiatives. Ensuring a balanced approach to fiscal policy while addressing the needs of motorists is likely to be a topic of contention during discussions of SB00144. The debate will revolve around finding an optimal way to provide relief while safeguarding essential state functions.