Conn: House Bill 5405

[Don]

Originally Posted by SJK2

Don,

Thanks much for the update, It seems they had the public meeting on the 9th wonder what
was the response....

Unknown, the progression of the Bill inclusive of changes, Committee votes, referral to other Committees, etc., will be posted on the Bill web site. Based upon past Bills, there is a delay between the action step and posting the update:

Bill Status*

Possibility of a common state wide mill rate for motor vehicles might bring some interesting input, as there will be winners and losers to maintain the same overall tax revenue.

[Don]

UPDATE: From HB5405

Statement of Purpose:

To simplify the motor vehicle taxation system, encourage the registration of vehicles and narrow property tax benefits for antique cars.

[Proposed deletions are enclosed in brackets. Proposed additions are indicated by underline, except that when the entire text of a bill or resolution or a section of a bill or resolution is new, it is not underlined.]


AN ACT ESTABLISHING A STATE-WIDE MILL RATE FOR MOTOR VEHICLES AND AMENDING THE DEFINITION OF ANTIQUE, RARE OR SPECIAL INTEREST MOTOR VEHICLES.

[Don]

Testimony at the Public Hearing:

*

URL didn't show, click on the character images above......should work

[Don]

*** 4C's House Bill Update:

" Regarding House Bill 5164 on Year of Manufacture Plates, we know that the bill has been reported out of the Transportation Committee and it is with the Legislative Commissioners' Office. We do not yet know whether the portion of the bill proposing to eliminate year of manufacture plates has been removed as we requested. "

" Regarding House Bill 5405 proposing to increase the maximum tax assessment increase to $2500 and the age of an antique vehicle to 30 years, the Planning and Development Committee appears to have reported the bill favorably out Committee on Friday March 23, 2012 by a 10 to 9 vote. The bill is apparently still alive in this session. Recommend we continue contact our legislators and voice our opposition to this bill. "

*** Other:

Thanks to the CC Members that joined the 4C's, individual membership is increasing as well as the additional individual donations. The 4C's annual auto show at the New England Air Museum ( Bradley Airport, Windsor Locks, CT ) is Sunday June 3rd.,

[Don]

4C's UPDATE:

" House Bill 5405 proposes to impose a state wide mill rate for all motor vehicle property taxes. This means if you live in a city/town with a relatively low mill rate, you will end up paying more in local property taxes to subsidize others that live in a city/town with a relatively high mill rate. The state will act as the middleman to redistribute these funds. House Bill 5405 also proposes to increase the minimum age of an antique, rare or special interest vehicle from its current 20 year age to 30 years. The bill also raises the maximum property tax assessment on antique, rare or special interest vehicles from the current $500 limit to $2500 dollars. In the E-mail with the 4C's April 2012 newsletter I sent out last week, I ( 4Cs )indicated the bill was favorably reported out of the Planning and Development Committee and is working its way through the legislative process. The bill will either be referred to another committee or directly to the state house to be debated and voted on by your representatives. Should it pass the house it would then go to the state senate."

" Now is the time to contact your state representatives and state senators indicating your opposition to House Bill 5405. It is important that they hear from you on this bill. I ( 4Cs ) did have a discussion with a SEMA representative from Washington DC regarding this bill. One valuable take away from this phone call with SEMA was that Connecticut automotive hobbyists are not expressing our opposition to the bill as strongly as the automotive hobbyists in other states have to similar bills. We need to step up our efforts here. "

" Your legislators need to hear from you! "