Connecticut 2017 Regular Session

Connecticut House Bill HB06006 Compare Versions

Only one version of the bill is available at this time.
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11 General Assembly Proposed Bill No. 6006
22 January Session, 2017 LCO No. 603
33 *00603*
44 Referred to Committee on PLANNING AND DEVELOPMENT
55 Introduced by:
66 REP. BARAM, 15th Dist.
77
88 General Assembly
99
1010 Proposed Bill No. 6006
1111
1212 January Session, 2017
1313
1414 LCO No. 603
1515
1616 *00603*
1717
1818 Referred to Committee on PLANNING AND DEVELOPMENT
1919
2020 Introduced by:
2121
2222 REP. BARAM, 15th Dist.
2323
2424 AN ACT AUTHORIZING MUNICIPALITIES TO LEVY A LOCAL SALES TAX.
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 (1) permit municipalities to levy a local sales tax of three-quarters of one per cent on goods and services currently subject to the sales tax, and (2) require that such local sales tax revenues be collected by the Department of Revenue Services and remitted quarterly to municipalities that have established a local sales tax, based on the following formula: fifty per cent of the local sales tax revenue shall be remitted proportionally based on each municipality's population as determined by the most recent federal decennial census and fifty per cent of the local sales tax revenue shall be remitted proportionally based on the total value of tax-exempt real property located within each municipality.
2929
3030 Statement of Purpose:
3131
3232 To provide additional revenue to municipalities and reduce reliance on local property tax revenue.