The proposed bill, General Assembly Proposed Bill No. 5027, 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 repealing this tax entirely.
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 transportation-related expenses. By eliminating this tax, the bill seeks to simplify the tax structure and potentially reduce costs for individuals and businesses that utilize highways.