The proposed bill, General Assembly Proposed Bill No. 5983, aims to amend chapter 219 of the general statutes to clarify the sales and use tax rates applicable to vehicles shared through peer-to-peer car sharing platforms. Specifically, the bill stipulates that these vehicles will be subject to a sales and use tax rate of nine and thirty-five-hundredths percent, which is the same rate currently applied to the rental or leasing of passenger motor vehicles as outlined in sections 12-408 and 12-411 of the general statutes.

This legislative change is intended to ensure that peer-to-peer car sharing services are taxed consistently with traditional vehicle rentals, thereby providing clarity and uniformity in tax application. The bill does not indicate any deletions from current law but focuses solely on the insertion of the new tax specification for peer-to-peer car sharing vehicles.