Bill Text: CT HB05274 | 2012 | General Assembly | Introduced
Bill Title: An Act Requiring Sales Tax Escrow Accounts.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2012-02-23 - Referred to Joint Committee on Finance, Revenue and Bonding [HB05274 Detail]
Download: Connecticut-2012-HB05274-Introduced.html
General Assembly |
Proposed Bill No. 5274 |
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February Session, 2012 |
LCO No. 676 | ||||
Referred to Committee on Finance, Revenue and Bonding |
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Introduced by: |
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REP. LUXENBERG, 12th Dist. |
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AN ACT REQUIRING SALES TAX ESCROW ACCOUNTS.
Be it enacted by the Senate and House of Representatives in General Assembly convened:
That the general statutes be amended to require retailers to place in an escrow account the amount of sales tax collected daily.
Statement of Purpose:
To reduce the delinquency rates for the payment of sales tax returns.