General Assembly Proposed Bill No. 5221
January Session, 2011 LCO No. 372
Referred to Committee on Finance, Revenue and Bonding
Introduced by:
REP. DAVIS C., 57th Dist.
General Assembly
Proposed Bill No. 5221
January Session, 2011
LCO No. 372
Referred to Committee on Finance, Revenue and Bonding
Introduced by:
REP. DAVIS C., 57th Dist.
AN ACT CONCERNING THE APPLICABILITY OF CORPORATION BUSINESS TAX CREDITS TO THE BUSINESS ENTITY TAX.
Be it enacted by the Senate and House of Representatives in General Assembly convened:
That the general statutes be amended to allow business entities to be eligible for credits under the corporation business tax, and to apply such credits to the business entity tax.
Statement of Purpose:
To enable small businesses to apply for corporation business tax credits.