Connecticut 2015 Regular Session

Connecticut House Bill HB06620 Compare Versions

Only one version of the bill is available at this time.
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11 General Assembly Proposed Bill No. 6620
22 January Session, 2015 LCO No. 2475
33 *02475*
44 Referred to Committee on FINANCE, REVENUE AND BONDING
55 Introduced by:
66 REP. ORANGE, 48th Dist.
77
88 General Assembly
99
1010 Proposed Bill No. 6620
1111
1212 January Session, 2015
1313
1414 LCO No. 2475
1515
1616 *02475*
1717
1818 Referred to Committee on FINANCE, REVENUE AND BONDING
1919
2020 Introduced by:
2121
2222 REP. ORANGE, 48th Dist.
2323
2424 AN ACT ESTABLISHING A FLAT RATE OF TAXATION UNDER THE PETROLEUM PRODUCTS GROSS EARNINGS TAX.
2525
2626 Be it enacted by the Senate and House of Representatives in General Assembly convened:
2727
2828 That title 12 of the general statutes be amended to provide that the petroleum products gross earnings tax be changed to a flat rate of eight cents per gallon of fuel.
2929
3030 Statement of Purpose:
3131
3232 To reduce fuel and energy costs for consumers and make Connecticut's gasoline prices competitive with bordering states by changing the method for calculating the gross earnings tax on petroleum products.