The proposed bill, General Assembly Proposed Bill No. 5065, aims to amend subdivision (8) of section 12-412 of the general statutes to exempt certain sales from sales and use taxes. Specifically, the bill seeks to exempt the sale, storage, use, or other consumption of tangible personal property or services to military and veterans-related organizations that are recognized under Section 501(c)(19) of the Internal Revenue Code.

This legislative change is intended to provide financial relief to qualifying military and veterans-related organizations by removing the tax burden associated with their purchases. The bill reflects a commitment to support these organizations, which play a vital role in serving military personnel and veterans.