House Bill No. 6923, introduced in the General Assembly with File No. 691, proposes an amendment to Section 12-412 of the general statutes by adding a new subdivision (127). This amendment, effective July 1, 2023, and applicable to sales occurring on or after this date, would exempt from sales and use tax the sales of ambulance-type motor vehicles used exclusively to transport medically incapacitated individuals, except when such vehicles are used for paid transport. Additionally, the exemption would apply to ambulances operating under a license or certificate issued in accordance with section 19a-180.

The fiscal impact of the bill is a state revenue loss of $1 million annually due to the tax exemption. The loss is expected to be distributed as $840,000 to the General Fund and $80,000 each to the Special Transportation Fund and the Municipal Revenue Sharing Account. The bill analysis clarifies that the exemption applies to ambulance-type vehicles not used for paid transport and to licensed or certified ambulances, with the effective date of July 1, 2023. The Finance, Revenue and Bonding Committee reported favorably on the bill.

Statutes affected:
Raised Bill: 12-412
FIN Joint Favorable: 12-412
File No. 691: 12-412