Connecticut SB2: AN ACT SUPPORTING LOCAL COMMERCE.

What the bill says

An act SUPPORTING LOCAL COMMERCE. Assembly convened: That chapter 219 of the general statutes be amended to (1) exempt from the sales and use taxes the sale of electricity and natural gas to commercial and industrial customers with less than ten million dollars in gross income, and (2) dedicate the revenue generated from the additional one per cent of sales tax on meals as follows: (A) Fifty per cent of the amount collected to be deposited in the Tourism Fund; and (B) fifty per cent of the amount collected to be paid to the municipalities LCO No. 600 1 of Proposed Bill No. to which the purchas.

From the introduced text:

AN ACT SUPPORTING LOCAL COMMERCE. Assembly convened: That chapter 219 of the general statutes be amended to (1) exempt from the sales and use taxes the sale of electricity and natural gas to commercial and industrial customers with less than ten million dollars in gross income, and (2) dedicate the revenue generated from the additional one per cent of sales tax on meals as follows: (A) Fifty per cent of the amount collected to be deposited in the Tourism Fund; and (B) fifty per cent of the amount collected to be paid to the municipalities LCO No. 600 1 of Proposed Bill No. to which the purchases of the meals are sourced. Statement of Purpose: To lower costs for businesses and the costs businesses pass on to consumers. LCO No. 600 2 of

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Sponsors

• Martin Looney (D, 11) · primary sponsor
• Robert Duff (D, 25)
• Saud Anwar (D, 3)
• Jorge Cabrera (D, 17)
• Christine Cohen (D, 12)
• Mae Flexer (D, 29)