AN ACT CONCERNING THE HIGHER SALES AND USE TAXES RATE APPLICABLE TO CERTAIN MOTOR VEHICLES.

SB 45 adjusts sales tax rules for certain vehicles by raising the price threshold for the higher tax rate from $75,000 to over $75,000. It also removes the higher tax rate entirely for commercial vehicles (like delivery trucks or company vans). This change directly affects buyers of expensive personal vehicles (over $75,000) and commercial fleet operators. The bill modifies Chapter 219 of the general statutes to implement these tax adjustments. It does not change tax rates for standard vehicles below the new threshold.