The proposed bill, General Assembly Proposed Bill No. 5547, aims to eliminate the highway use tax by amending section 12-493a of the general statutes. The bill is introduced by several representatives and has been referred to the Committee on Finance, Revenue and Bonding for consideration.

The primary change in the law is the complete removal of the highway use tax, as indicated by the insertion of the new legal language that states the tax will be eliminated. There are no specific deletions mentioned in the text, but the implication is that the existing provisions related to the highway use tax will no longer be in effect if the bill is passed. The overall purpose of the bill is to relieve taxpayers from this specific tax burden.