Luxury Tax on Boats Dies

The luxury tax on boats bill has died in Connecticut. Legislation was successfully passed to repeal the luxury tax on boats costing more than $100,00 (Sections 77-78, E-Cert. HB 6704, Budget/Tax Bill), effective July 1, 2013. Rep. Pat Widlitz was a lead advocate to energize the boating industry in Connecticut. The Governor signed the budget/tax bill, now Public Act 13-184, into law on June 19th, 2013.

– Larry Innis, Legislative Affairs