Bill Text: CT HB05758 | 2015 | General Assembly | Introduced

---

Bill Title: An Act Concerning The Sales Tax Payable On A Motor Vehicle Sold By One Private Individual To Another.

Sponsorship: Partisan Bill (Republican 1)

Status: (Introduced - Dead) 2015-01-21 - Referred to Joint Committee on Finance, Revenue and Bonding [HB05758 Detail]

Download: Connecticut-2015-HB05758-Introduced.html

---

General Assembly		Proposed Bill No. 5758
January Session, 2015		LCO No. 975
		*00975*
Referred to Committee on FINANCE, REVENUE AND BONDING
Introduced by:
REP. PISCOPO, 76th Dist.

AN ACT CONCERNING THE SALES TAX PAYABLE ON A MOTOR VEHICLE SOLD BY ONE PRIVATE INDIVIDUAL TO ANOTHER.

Be it enacted by the Senate and House of Representatives in General Assembly convened:

That the general statutes be amended to provide that when two private individuals enter into an agreement to purchase a private passenger motor vehicle and document the agreed upon purchase price in a notarized document, the documented purchase price shall be the basis for calculating the sales tax payable on the motor vehicle.

Statement of Purpose:

To provide that the documented purchase price of a private passenger motor vehicle that is sold by one private individual to another be the basis for calculating the sales tax payable on the motor vehicle.