Connecticut 2016 Regular Session

Connecticut House Bill HB05022 Compare Versions

Only one version of the bill is available at this time.
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11 General Assembly Proposed Bill No. 5022
22 February Session, 2016 LCO No. 29
33 *00029*
44 Referred to Committee on FINANCE, REVENUE AND BONDING
55 Introduced by:
66 REP. PISCOPO, 76th Dist.
77
88 General Assembly
99
1010 Proposed Bill No. 5022
1111
1212 February Session, 2016
1313
1414 LCO No. 29
1515
1616 *00029*
1717
1818 Referred to Committee on FINANCE, REVENUE AND BONDING
1919
2020 Introduced by:
2121
2222 REP. PISCOPO, 76th Dist.
2323
2424 AN ACT CONCERNING THE USE TAX PAYABLE ON CASUAL CAR SALES.
2525
2626 Be it enacted by the Senate and House of Representatives in General Assembly convened:
2727
2828 That the general statutes be amended to provide that when two private individuals enter into an agreement to purchase a private passenger motor vehicle and document the agreed upon purchase price in a notarized document, the documented purchase price shall be the basis for calculating the sales tax payable on the motor vehicle.
2929
3030 Statement of Purpose:
3131
3232 To provide that the documented purchase price of a private passenger motor vehicle that is sold by one private individual to another be the basis for calculating the sales tax payable on the motor vehicle.