AN ACT ELIMINATING THE HIGHWAY USE TAX.
HB 5027 eliminates Connecticut's highway use tax, reducing vehicle purchase costs but eliminating state transportation revenue without a stated replacement funding source.
HB 5027 eliminates Connecticut's highway use tax, reducing vehicle purchase costs but eliminating state transportation revenue without a stated replacement funding source.
HB 5027 would eliminate Connecticut's highway use tax, a tax levied on the purchase and use of motor vehicles. This is a targeted tax reduction that would remove a specific revenue source from the state's transportation and general fund financing. The bill has been referred to the Joint Committee on Finance, Revenue and Bonding for consideration.
Connecticut currently uses highway use tax revenue to fund transportation infrastructure, maintenance, and state operations. Eliminating this tax would reduce state revenue, potentially affecting funding for roads, bridges, and public transit unless alternative revenue sources are identified. This directly impacts both the state budget and vehicle owners' costs at the point of purchase or registration.
Compiled from official sources — confirm details with the bill’s official record.
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