Connecticut 2011 Regular Session

Connecticut House Bill HB05849 Latest Draft

Bill / Introduced Version Filed 01/21/2011

                            General Assembly  Proposed Bill No. 5849
January Session, 2011  LCO No. 1616
Referred to Committee on Finance, Revenue and Bonding
Introduced by:
REP. LEGEYT, 17th Dist.

General Assembly

Proposed Bill No. 5849 

January Session, 2011

LCO No. 1616

Referred to Committee on Finance, Revenue and Bonding 

Introduced by:

REP. LEGEYT, 17th Dist.

AN ACT CONCERNING AN EXEMPTION FROM THE BUSINESS ENTITY TAX.

Be it enacted by the Senate and House of Representatives in General Assembly convened:

That section 12-284b of the general statutes be amended to exempt businesses whose gross valuation of their book of business is less than ten thousand dollars.

Statement of Purpose: 

To exempt certain businesses from the business entity tax.