PA 15-179—sHB 6986

Finance, Revenue and Bonding Committee

AN ACT CONCERNING MINOR AND TECHNICAL CHANGES TO TITLE 12 OF THE GENERAL STATUTES

SUMMARY: This act eliminates the requirement that the revenue services commissioner adopt regulations for administering the sales and use tax exemption for vessels, machinery, and equipment used exclusively for commercial fishing. Prior to the act's passage, he had not adopted these regulations, which, under prior law, had to require periodic registration and an application procedure that (1) required permit applicants to sign a declaration under penalty of false statement and (2) notify them of the penalty for misusing the permit.

The act also makes several grammatical changes and corrects statutory references in the tobacco products and personal income tax statutes.

EFFECTIVE DATE: Upon passage, except the technical correction to the income tax statute takes effect July 1, 2015.

OLR Tracking: JR; LH; MS; BS