Sec. 22a-449b. Portion of petroleum products gross earnings tax credited to underground storage tank petroleum clean-up account. - Connecticut Statutes

      Sec. 22a-449b. Portion of petroleum products gross earnings tax credited to underground storage tank petroleum clean-up account. Not later than thirty days immediately following the tax due date for the tax imposed under section 12-587, a portion of such tax, in the amount of three million dollars, shall be credited by the Comptroller to the underground storage tank petroleum clean-up account established under section 22a-449c.

      (P.A. 89-373, S. 3, 10; P.A. 92-62, S. 1, 2; P.A. 94-130, S. 5; P.A. 02-80, S. 2.)

      History: P.A. 89-373, S. 3 effective October 1, 1989, and applicable to gross earnings derived from sales of petroleum products for calendar quarters commencing on or after July 1, 1989; P.A. 92-62 transferred oversight of fund from the treasurer to the comptroller; P.A. 94-130 changed name of fund from "Underground Storage Tank Petroleum Clean-Up Fund" to "underground storage tank petroleum clean-up account"; P.A. 02-80 deleted Subsec. (a) designator, changed credit from one-third of the total amount of tax due under Sec. 12-587 to $3,000,000 and deleted former Subsec. (b) re suspension of credits to account when balance exceeds $15,000,000.