The proposed bill, General Assembly Proposed Bill No. 5029, aims to eliminate the highway use tax by amending section 12-493a of the general statutes. The bill introduces new legal language that specifically removes the provisions related to the highway use tax, thereby abolishing this tax altogether.
The primary purpose of this legislation is to relieve taxpayers from the burden of the highway use tax, which is intended to generate revenue for the maintenance and improvement of highways. By eliminating this tax, the bill seeks to provide financial relief to individuals and businesses that utilize highways for transportation.