Connecticut 2017 Regular Session

Connecticut Senate Bill SB00165

Introduced
1/18/17  

Caption

An Act Exempting Replacement Vehicles From The Sales Tax.

Impact

The proposed amendment to chapter 219 of the general statutes reflects an effort to enhance consumer protections within the automotive market. If enacted, the law would facilitate a smoother process for vehicle exchanges, allowing consumers to avoid the hidden costs associated with replacement vehicles that could otherwise include tax liabilities. This change is particularly significant for individuals who experience challenges with their vehicles' performance but wish to engage fairly in the replacement process, potentially improving overall consumer satisfaction in the automotive sector.

Summary

SB00165, introduced by Senator Markley during the January 2017 session, aims to exempt consumers from paying sales tax on replacement vehicles when a manufacturer accepts a vehicle return due to defects or nonconformities. The primary objective of this legislation is to eliminate the financial burden on consumers who need to replace a defective vehicle, thus addressing an existing disparity in sales tax application. As the bill clarifies that the exemption applies specifically to the value of the replacement vehicle, it underscores a consumer-friendly approach toward vehicle purchases and exchanges.

Contention

Debates around SB00165 may arise concerning the potential financial implications for the state's revenue generated through sales tax. While supporters of the bill argue that the exemption is a necessary measure to protect consumers, critics might highlight concerns about decreased tax revenue and the need for the state to maintain its funding for essential services. The specificity of this measure raises questions about the broader economic impacts it could have on the automotive industry, and whether such tax exemptions could be misapplied or extended beyond intended parameters, threatening overall compliance and enforcement.

Companion Bills

No companion bills found.

Previously Filed As

CT SB00081

An Act Exempting Certain Articles Of Clothing From The Sales And Use Taxes.

CT HB05105

An Act Exempting Ambulances From The Sales And Use Taxes.

CT SB00083

An Act Concerning The Higher Sales And Use Taxes Rate Applicable To Certain Motor Vehicles.

CT HB05041

An Act Exempting Certain Articles Of Children's Clothing From The Sales And Use Taxes.

CT SB00030

An Act Concerning The Sales Price Threshold For Motor Vehicles Subject To A Higher Sales And Use Taxes Rate.

CT HB05036

An Act Exempting Hospital Beds For Home Health Care Use From The Sales And Use Taxes.

CT HB05032

An Act Exempting Health And Athletic Club Services And Fees From The Sales And Use Taxes.

CT HB05039

An Act Exempting Clothing Purchased At Consignment Stores From The Sales And Use Taxes.

CT HB05042

An Act Concerning The Sales Price Threshold Of Motor Vehicles Subject To A Higher Sales And Use Taxes Rate.

CT SB00023

An Act Exempting Certain Articles Of Children's Clothing And Footwear And Personal Protective Equipment From The Sales And Use Taxes.

Similar Bills

No similar bills found.