General Assembly Raised Bill No. 1013
January Session, 2017 LCO No. 4326
*04326_______FIN*
Referred to Committee on FINANCE, REVENUE AND BONDING
Introduced by:
(FIN)
General Assembly
Raised Bill No. 1013
January Session, 2017
LCO No. 4326
*04326_______FIN*
Referred to Committee on FINANCE, REVENUE AND BONDING
Introduced by:
(FIN)
AN ACT CONCERNING CERTAIN EXEMPTIONS FROM THE PROPERTY TAX.
Be it enacted by the Senate and House of Representatives in General Assembly convened:
Section 1. Subdivision (33) of section 12-81 of the general statutes is repealed and the following is substituted in lieu thereof (Effective October 1, 2017, and applicable to assessment years commencing on or after October 1, 2017):
(33) Musical instruments, [inclusive of] radios, [and] television sets, cellular mobile telephones, computers and mobile electronic devices, as defined in section 10-222d, used by and belonging to any family;
Sec. 2. Section 12-81 of the general statutes is amended by adding subdivision (78) as follows (Effective October 1, 2017, and applicable to assessment years commencing on or after October 1, 2017):
(NEW) (78) Machinery and equipment (A) used in the process of coloring or mixing paint, including, but not limited to, spectrographic color matching machines, automatic colorant dispensers, paint shakers, and computer equipment related to such machinery and equipment, and (B) used by retailers that offer paint for sale at retail in this state.
This act shall take effect as follows and shall amend the following sections:
Section 1 October 1, 2017, and applicable to assessment years commencing on or after October 1, 2017 12-81(33)
Sec. 2 October 1, 2017, and applicable to assessment years commencing on or after October 1, 2017 12-81
This act shall take effect as follows and shall amend the following sections:
Section 1
October 1, 2017, and applicable to assessment years commencing on or after October 1, 2017
12-81(33)
Sec. 2
October 1, 2017, and applicable to assessment years commencing on or after October 1, 2017
12-81
Statement of Purpose:
To exempt from the property tax certain electronic devices used by and belonging to any family and machinery and equipment used by certain retailers in the process of coloring and mixing paint.
[Proposed deletions are enclosed in brackets. Proposed additions are indicated by underline, except that when the entire text of a bill or resolution or a section of a bill or resolution is new, it is not underlined.]