Plain English Breakdown
The official text confirms the $2,500 limit and Chapter 219 amendment but does not specify if this applies per transaction or per person.
Exempting Headstones Up to $2,500 From Sales Tax
This bill removes state sales tax on headstones for purchases up to $2,500.
What This Bill Does
- Amends Chapter 219 of the general statutes regarding taxes.
- Exempts up to two thousand five hundred dollars of a headstone's cost from sales and use taxes.
Who It Names or Affects
- People who buy headstones
- The state agency that collects sales and use taxes
Terms To Know
- Sales tax
- A fee added to the price of goods when they are bought.
- Exempt
- Not required to pay a specific tax or follow a rule.
Limits and Unknowns
- The bill does not say if the exemption applies only once per person.
- The text does not define what counts as a headstone for this law.
- Any cost above $2,500 is still subject to sales and use taxes.