HB 5129

General Assembly  Proposed Bill No. 5129
      February Session, 2026  LCO No. 912
    Referred to Committee on  FINANCE, REVENUE AND
    BONDING
    Introduced by:
     REP. SIMMS, 140th Dist.
     REP. DOUCETTE, 13th Dist.
 AN ACT ESTABLISHING A SURCHARGE ON HIGH-VALUE
 RECREATIONAL VESSELS AND CONCERNING THE USE OF THE
 REVENUE GENERATED.
 Be it enacted by the Senate and House of Representatives in General
 Assembly convened:
1        That title 12 of the general statutes be amended to establish a
2      surcharge on high-value recreational vessels and dedicate the revenue
3      generated from such surcharge to reducing and eliminating the
4      property tax on motor vehicles.
       Statement of Purpose:
       To establish a surcharge on high-value recreational vessels and dedicate
       the revenue generated from such surcharge to reducing and eliminating
       the property tax on motor vehicles.
    LCO No. 912  1 of 1