Bill to Eventually Eliminate State’s Car Tax Draws Support in Committee
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Connecticut State Capitol. Photo credit: Ronni Newton
If the bill were to become law, it would place Connecticut on the path to joining neighboring states New York, New Jersey, and Rhode Island in having no property tax on vehicles.
By Jamil Ragland, CTNewsJunkie.com
A proposal to reduce, then eliminate the state’s vehicle tax drew strong bipartisan support in the state’s Finance, Revenue and Bonding Committee Tuesday.
Senate Bill 1554 would begin to phase out the vehicle tax in 2029, and would be paid for with savings earned from pension payments, Sen. John Fonfara, D-Hartford, explained.
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