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 ceasing its application.

The primary purpose of this legislation is to abolish the highway use tax, which is intended to relieve taxpayers and potentially stimulate economic activity by reducing the financial burden associated with highway usage. The bill has been referred to the Committee on Finance, Revenue and Bonding for further consideration.