Proposed S.B. No. 107
Session Year 2025
 


AN ACT CONCERNING THE SALES PRICE THRESHOLD OF MOTOR VEHICLES SUBJECT TO A HIGHER SALES AND USE TAXES RATE.

To (1) increase to more than sixty-five thousand dollars the sales price threshold for a motor vehicle subject to the seven and three-fourths per cent sales and use taxes rate, and (2) index the sales price to reflect the rate of inflation.

Introduced by:
Sen. Heather S. Somers, 18th Dist.

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Bill History

 Date Action Taken
 1/8/2025Referred to Joint Committee on Finance, Revenue and Bonding

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