Posted on March 14, 2019 by jpheasant
The Finance, Revenue and Bonding Committee will be holding a public hearing tomorrow (Friday, March 15th) on three significant tax related bills that would have a tremendous impact the residents of Connecticut.
The public hearing begins at 10:30 in Room 2E of the Legislative Office Building, 300 Capitol Ave #5100, Hartford.
The three tax bills on the Finance, Revenue and Bonding’s agenda include:
- HB. 431:An Act Concerning Property Tax Reform. This bill would create a statewide one mill tax on real property. It would also prevent municipalities from collecting property taxes on motor vehicles, and instead create a statewide motor vehicle tax between 15 and 19 mills.
- HB. 877: An Act Concerning Revenue Items to Implement the Governor’s Budget. This bill is the revenue package for Governor Lamont’s 2020-21 budget proposal. New taxes comprise a large part of the policy changes recommended in this proposal, and most of those suggested are in this bill.
They include new taxes on:
- Legal services
- Accounting services
- Real estate activities and agents/brokers
- Veterinary services
- Barber shops and beauty salons
- Sports/recreation instruction and industries
- Renovation and repair of residential property
- Non-prescription drugs
- Bicycle helmets
- Child car seats
- Vegetable seeds
- Safety apparel
- HB. 6031:An Act Phasing Out the Estate Tax. This bill would completely phase out Connecticut’s estate tax over a five-year period.
If you’re concerned about the effect of tax changes on our state’s economy, the job market, or your own finances, let your voice be heard by submitting testimony to the Committee.
If you’d like to submit written testimony on any one of the bills listed above:
- Format your testimony in either a Word document or a pdf.
- Include the bill number(s), your name, and your town.
- Attach the document to an email.
- Put the bill number(s) in the Subject Line of the email.
- Send the email to firstname.lastname@example.org by the end of the week.
Sign-ups for those wanting to speak in person will begin at 8:00 a.m. in the lobby of the LOB. The order will be determined by a lottery system. Anyone who signs up after 9:30 a.m. will have their name placed at the end of the speaker’s list.
As always, feel free to reach out to me with any questions or concerns, please contact my office at (800) 842-1423, or email me at or email me at email@example.com.