Connecticut 2017 Regular Session

Connecticut House Bill HB05043 Compare Versions

Only one version of the bill is available at this time.
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11 General Assembly Proposed Bill No. 5043
22 January Session, 2017 LCO No. 240
33 *00240*
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. 5043
1111
1212 January Session, 2017
1313
1414 LCO No. 240
1515
1616 *00240*
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 SALES TAX CALCULATION ON PRIVATE PASSENGER MOTOR VEHICLE SALES BETWEEN PRIVATE INDIVIDUALS.
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 one private individual enters into an agreement with another to purchase a private passenger motor vehicle and the agreed-upon purchase price is documented and notarized, such purchase price shall be the basis for calculating the sales tax payable on such motor vehicle.
2929
3030 Statement of Purpose:
3131
3232 To provide that the documented, notarized purchase price of a private passenger motor vehicle sold by one private individual to another shall be the basis for calculating the sales tax payable on such motor vehicle.