General Assembly Proposed Bill No. 275
January Session, 2011 LCO No. 1548
Referred to Committee on Finance, Revenue and Bonding
Introduced by:
SEN. FRANTZ, 36th Dist.
General Assembly
Proposed Bill No. 275
January Session, 2011
LCO No. 1548
Referred to Committee on Finance, Revenue and Bonding
Introduced by:
SEN. FRANTZ, 36th Dist.
AN ACT CONCERNING THE TREATMENT OF DEFERRED INCOME UNDER THE CONNECTICUT ALTERNATIVE MINIMUM TAX.
Be it enacted by the Senate and House of Representatives in General Assembly convened:
That subsection (d) of section 12-700a of the general statutes be amended to ensure that deferred income is not subject to double taxation.
Statement of Purpose:
To avoid the inadvertent double taxation of certain deferred income under the Connecticut alternative minimum tax.