Finance Committee poised to approve statewide tax rate for vehicles

Lawmakers were being briefed today on the variety of proposed changes to the state’s tax structure that are being proposed to support the planned $605 million increase in spending. One of the items included in the discussion this afternoon/evening on the tax package in the Finance Committee will be a statewide mill rate of 29 for autos. That could save Bridgeport taxpayers $6 million a year. The loss of local funding would come to the city from the state, in a scenario explained to lawmakers.