Connecticut Seal

General Assembly

File No. 467

    January Session, 2011

Substitute House Bill No. 6525

House of Representatives, April 7, 2011

The Committee on Commerce reported through REP. BERGER of the 73rd Dist., Chairperson of the Committee on the part of the House, that the substitute bill ought to pass.

This act shall take effect as follows and shall amend the following sections:

Section 1

from passage

10a-19i

Sec. 2

from passage

32-41x

Sec. 3

from passage

38a-88a

Sec. 4

July 1, 2011, and applicable to taxable years commencing on or after January 1, 2011

12-704d

Sec. 5

July 1, 2011

New section

Sec. 6

July 1, 2011, and applicable to sales occurring on or after said date

12-412(67) to (69)

Sec. 7

July 1, 2011, and applicable to sales occurring on or after said date

12-412(115)

Sec. 8

July 1, 2011

New section

Sec. 9

from passage

New section

Sec. 10

July 1, 2011, and applicable to the report due on or before February 1, 2012

32-1m(a)

Sec. 11

July 1, 2011

New section

Sec. 12

July 1, 2011

New section

Sec. 13

July 1, 2011, and applicable to income years commencing on or after January 1, 2011

New section

Sec. 14

July 1, 2011, and applicable to income years commencing on and after January 1, 2011

12-217(a)(1)

Sec. 15

July 1, 2011

36a-250(a)

Sec. 16

July 1, 2011, and applicable to income years commencing on or after January 1, 2011

10-416a

Sec. 17

July 1, 2011, and applicable to income years commencing on or after January 1, 2011

10-416b

Sec. 18

July 1, 2011

8-37lll

Sec. 19

July 1, 2011

36a-251a

CE

Joint Favorable Subst.

 

Agency Affected

Fund-Effect

FY 12 $

FY 13 $

Department of Transportation

TF - Cost

See Below

See Below

Department of Revenue Services

GF - Revenue Loss

See Below

See Below

Commission on Culture and Tourism - Tourism Supplemental Revenue Account

GF - Revenue Gain

Up to 3,000,000

Up to 3,000,000

CT Innovations Inc. (quasi-public) – Preseed Financing Account

GF - Potential Cost

Up to 750,000

Up to 750,000

Department of Economic & Community Development

GF - Cost

25,000 to 45,000

20,000 to 40,000

Department of Revenue Services

GF - Cost

17,000

None

Yea

19

Nay

0

(03/22/2011)

TOP

1 The Preseed Financing Account is a separate nonlapsing account within the General Fund. P.A. 10-75 authorized $5 million in general obligation bonds to fund the preseed program. Proceeds from those bonds are deposited into the Account.