Connecticut 2019 Regular Session

Connecticut Senate Bill SB00475 Compare Versions

Only one version of the bill is available at this time.
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33 LCO No. 3302 1 of 1
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55 General Assembly Proposed Bill No. 475
66 January Session, 2019
77 LCO No. 3302
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1010 Referred to Committee on FINANCE, REVENUE AND
1111 BONDING
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1414 Introduced by:
1515 SEN. LOONEY, 11th Dist.
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1919 AN ACT INCREASING THE SALES TAX RATE AND DEDICATING THE
2020 ADDITIONAL REVENUE TO MUNICIPALITIES.
2121 Be it enacted by the Senate and House of Representatives in General
2222 Assembly convened:
2323
2424 That the general statutes be amended to increase the sales tax rate 1
2525 by one-half per cent, with the revenue generated by the additional one-2
2626 half per cent to be returned to the municipalities in which the sales 3
2727 take place, except that for sales occurring at retail establishments 4
2828 located in large regional shopping malls, the revenue generated by the 5
2929 additional one-half per cent that is attributable to such sales shall be 6
3030 distributed as follows: (1) Sixty per cent distributed to the municipality 7
3131 or municipalities in which the shopping mall is located, and (2) forty 8
3232 per cent distributed on a per capita basis to the municipality or 9
3333 municipalities contiguous to the municipality or municipalities in 10
3434 which the shopping mall is located. 11
3535 Statement of Purpose:
3636 To increase municipal revenue.