Getting rid of the sales tax on diapers will cost the state $4.3M

HARTFORD, Conn. – Legislation to exempt baby diapers from Connecticut sales tax could potentially cost the state $4.3 million annually in lost revenue if it becomes law, according to the state Office of Fiscal Analysis.

The bill was referred Tuesday by the House of Representatives to the Finance, Revenue and Bonding Committee. It originated in the Children’s Committee, where all 13 members voted in favor of it in March.

The actual fiscal impact the bill could have on the state budget remains unclear due to aspects of Gov. Dannel Malloy’s proposed budget.

See the complete story at CT News Junkie.