Your action is required immediately. At 11 a.m. today (April 29) the State of Connecticut’s Finance, Revenue and Bonding Committee will vote to repeal Connecticut’s current exemption of new, used or leased commercial vehicles from Connecticut’s 6.35 percent sales tax.
There has been speculation the committee was considering repealing several exemptions and lowering the general rate of the sales tax. We have been worried that our exemption might be on the table and our worst fears have been realized today.
We need to mobilize and explain to legislators how important the sales tax exemption has been to the Connecticut trucking industry. First adopted in 1995, this provision exempts the sale, rental, or lease of new or used commercial motor vehicles (GVWR over 26,000 pounds) from Connecticut’s 6.35 percent sales tax. The proposal under discussion would repeal several exemptions, add to the list of taxable services and lower the rate of the whole tax to less than Governor Malloy’s recommendation of 5.95 percent.
We have a shot at killing this proposal TODAY by getting votes in the Finance Committee. Below, you will find a list Finance Committee members along with their email addresses. Stop what you are doing right now and send an email to every one of them explaining how important the sales tax exemption is to your company. ATA tells me that 40 states exempt trucks from their sales taxes.
Keep it short and don’t be shy.
Please send me a copy of what you send and more importantly, any response you receive. OK, let’s go to work. The committee meeting is scheduled for 11 a.m. today.
Finance, Revenue and Bonding Committee – Committee Membership
The links below provide either a direct link to a web page where you can fill out a form to contact the individual committee member, or it contains a direct link to their email address. Links to forms will open in a new browser tab. Links to email addresses may open an email in your email client, or you may have to right click and “Copy Email Address” to paste it into your email client.