Connecticut Bill Passes Initial Test in Joint Finance Committee

In an effort to keep up with the slew of states mimicking New York’s ill conceived Amazon Tax we will be posting continual brief updates. Special thanks to Melanie Seery for compiling this information.

The Connecticut Joint Finance Committee overwhelmingly passed SB 806 with a vote of 53 to zero and three absentees. The bill is slated to go though fiscal analysis then a vote through both houses.

SB 806 passed through committee with minor changes including the repeal of the original subsection (a) of section 12-407 and the further definition of what constitutes a “retailer” for the purposes of sales and use tax. The most significant modification to the bill was the lowering of threshold that constitutes a nexus to $2,000. This is the lowest of any of the proposed or current nexus thresholds in other states.

The target date for for the bill taking effect pending legislative approval is April 1, 2009.

One Response to Connecticut Bill Passes Initial Test in Joint Finance Committee

  1. […] ReveNews echoed her post saying: The most significant modification to the bill was the lowering of threshold that constitutes a nexus to $2,000. This is the lowest of any of the proposed or current nexus thresholds in other states. […]