HB05063

An Act Reducing The Sales And Use Taxes Rate Applicable To Certain Construction And Building Materials.

Introduced·2/6/26
Hb Text

Connecticut HB05063 reduces sales and use taxes on construction and building materials for housing.

Connecticut HB05063 amends chapter 219 of the general statutes to lower the sales and use taxes rate to two percent for construction and building materials used in housing construction or rehabilitation. This change aims to make building materials more affordable for housing projects.

Included in complete analysis

  • Overview
  • Core Provisions
  • Implementation
  • Impact
  • Legal Framework
  • Critical Issues

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Where it stands

Current
Finance, Revenue and Bonding Committee
Next
Committee decision

Sponsors

0
1
R
Democratic CaucusRepublican Caucus

History

Feb 6

House

Referred to Joint Committee on Finance, Revenue and Bonding