General Assembly Proposed Bill No. 174
January Session, 2011 LCO No. 293
Referred to Committee on Finance, Revenue and Bonding
Introduced by:
SEN. BOUCHER, 26th Dist.
General Assembly
Proposed Bill No. 174
January Session, 2011
LCO No. 293
Referred to Committee on Finance, Revenue and Bonding
Introduced by:
SEN. BOUCHER, 26th Dist.
AN ACT REPEALING THE CORPORATION BUSINESS TAX SURCHARGE.
Be it enacted by the Senate and House of Representatives in General Assembly convened:
That sections 12-214 and 12-219 of the general statutes be amended to repeal the ten per cent surcharge on companies subject to the corporation business tax.
Statement of Purpose:
To ease the burden on state businesses by repealing the corporation business tax surcharge.