Plain English Breakdown
The effective date is missing from the provided metadata and text, so it cannot be confirmed when this law would start.
HB05116: Reducing Sales and Use Tax Rates
This bill changes state law to lower the sales and use tax rates to six percent.
What This Bill Does
- Amends Chapter 219 of the general statutes.
- Reduces the rate of sales taxes to six per cent.
- Reduces the rate of use taxes to six per cent.
Limits and Unknowns
- The official text does not state when this change will take effect.
- The source material does not list the current tax rate before this reduction.