General Assembly |
Proposed Bill No. 5007 |
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February Session, 2012 |
LCO No. 49 | ||||
Referred to Committee on Finance, Revenue and Bonding |
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Introduced by: |
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REP. COUTU, 47th Dist. |
AN ACT CONCERNING A CAP ON THE PETROLEUM PRODUCTS GROSS EARNINGS TAX.
Be it enacted by the Senate and House of Representatives in General Assembly convened:
That section 12-587 of the general statutes be amended to provide that the maximum petroleum products gross earnings tax would be three dollars per gallon.
Statement of Purpose:
To cap the wholesale gas tax to help lower the high taxes associated with the purchase of gasoline.