Connecticut House Bill HB05106

Connecticut 2019 Regular Session

• Introduced: 1/10/19
• Refer: 1/10/19

Caption

An Act Establishing A Task Force To Identify State Taxes That Cost More To Administer Than Is Gained In Revenue.

Impact

If enacted, HB05106 would have significant implications on state tax laws. The formation of this task force could lead to recommendations for repealing or restructuring certain taxes, thus directly influencing the overall tax burden on residents and businesses. By identifying inefficiencies within the current tax framework, the bill intends to promote a more sustainable fiscal environment that maximizes state revenue while minimizing unnecessary administrative expenditures. This aligns with efforts to refine state regulations to ensure economic viability.

Summary

House Bill 05106 aims to establish a task force dedicated to identifying state taxes that incur higher administrative costs than the revenue they generate. The bill is designed to facilitate a comprehensive review of the state's tax system, focusing on improving efficiency in tax collection and ensuring that resources are effectively utilized. It highlights the need for fiscal accountability within state programs and encourages a reassessment of tax policies that may not deliver adequate returns compared to their management costs.

Contention

While proponents argue that HB05106 will streamline tax administration and improve fiscal responsibility, there may be concerns from various stakeholders regarding which taxes could be affected. Critics may argue that the task force's findings might lead to the elimination of essential revenue sources that fund public services, such as education and infrastructure. There could also be apprehension about the potential bias in identifying 'ineffective' taxes, particularly if certain groups perceive that their contributions are unfairly targeted for cuts.