Connecticut 2010 Regular Session

Connecticut Senate Bill SB00166 Compare Versions

Only one version of the bill is available at this time.
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11 General Assembly Proposed Bill No. 166
22 February Session, 2010 LCO No. 332
33 Referred to Committee on Finance, Revenue and Bonding
44 Introduced by:
55 SEN. WITKOS, 8th Dist.
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77 General Assembly
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99 Proposed Bill No. 166
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1111 February Session, 2010
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1313 LCO No. 332
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1515 Referred to Committee on Finance, Revenue and Bonding
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1717 Introduced by:
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1919 SEN. WITKOS, 8th Dist.
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2121 AN ACT CONCERNING AN EXEMPTION FROM THE BUSINESS ENTITY TAX.
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2323 Be it enacted by the Senate and House of Representatives in General Assembly convened:
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2525 That chapter 213a of the general statutes be amended to exempt from the business entity tax any S corporation or limited liability company with less than five thousand dollars in net profit for the year.
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2727 Statement of Purpose:
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2929 To exempt certain small businesses from the state business entity tax.