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Committee advances bill to split 1% meals surcharge between towns and tourism, adds trade commission
Summary
The Finance, Revenue and Bonding Committee advanced SB 2 to JFS, a bill that would redirect the 1% prepared-meals surcharge so half goes to municipalities and half to tourism, require itemized reporting by restaurant location, create a municipal diversification account, and establish a Connecticut–India Trade Commission.
The Finance, Revenue and Bonding Committee voted to advance SB 2 to further committee consideration, moving a package of sales-tax and tourism measures to the next stage of the session.
Senator Fonfair, the bill proponent, said the measure would create a new sales-and-use exemption related to energy consumption for businesses, require restaurants and retailers to report meals-tax revenue by individual location, and “redirect the proceeds of the 1% surcharge on meals sold” so 50% would go to towns and 50% to tourism. The bill also creates a municipal diversification account to disburse funds to municipalities and…
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