AN ACT ELIMINATING STATE TAXES OR FEES FOR WHICH COLLECTION COSTS EXCEED THE REVENUE RECEIVED.

Plain English Breakdown

The bill summary does not provide specific details on which taxes or fees will be affected, only that it applies broadly to any tax or fee where collection costs exceed revenue.

Act to Remove Unprofitable State Taxes and Fees

This act removes state taxes or fees where the costs of collecting them are higher than the revenue they generate.

What This Bill Does

• Removes any state tax or fee where the collection costs exceed the money collected from it.

Who It Names or Affects

• Taxpayers who pay state taxes or fees.
• State agencies responsible for collecting taxes and fees.

Terms To Know

Collection costs

The expenses related to the process of collecting a tax or fee, such as administrative costs.

Revenue

Money received by the government from taxes and fees.

Limits and Unknowns

• Does not specify which exact taxes or fees will be removed.
• The bill has passed both chambers but its final implementation is pending executive action.

Official Summary Text

To eliminate any state tax or fee for which the cost of collection exceeds the revenue received by the state from the imposition of such tax or fee.

Current Bill Text

LCO No. 98 1 of 1

General Assembly Proposed Bill No. 72
February Session, 2026 LCO No. 98

Referred to Committee on FINANCE, REVENUE AND
BONDING

Introduced by:
SEN. SAMPSON, 16th Dist.

AN ACT ELIMINATING STATE TAXES OR FEES FOR WHICH
COLLECTION COSTS EXCEED THE REVENUE RECEIVED.
Be it enacted by the Senate and House of Representatives in General
Assembly convened:

That the general statutes be amended to eliminate any state tax or fee 1
for which the cost of collection exceeds the revenue received by the state 2
from the imposition of such tax or fee. 3
Statement of Purpose:
To eliminate any state tax or fee for which the cost of collection exceeds
the revenue received by the state from the imposition of such tax or fee.