Budget Proposal Reinstates Clothing Sales Tax Exemption
HARTFORD, Conn. (AP) _ Gov. Dannel P. Malloy’s new budget proposal reinstates the sales tax exemption on clothing.
The two-year, $43.8 billion plan, released on Wednesday, would reapply the exemption on July 1, 2014. It would apply to articles of clothing and footwear costing less than $25.
The reinstated $25 exemption will cost $55.5 million.
Starting July 1, 2015, the exemption would apply to clothing and footwear costing less than $50. The $50 exemption will cost $143.3 million.
Malloy was scheduled to present his budget address to state lawmakers at noon.
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