General Assembly Proposed Bill No. 5175 February Session, 2012 LCO No. 553 Referred to Committee on Finance, Revenue and Bonding Introduced by: REP. CAFERO, 142nd Dist. REP. KLARIDES, 114th Dist. REP. CANDELORA, 86th Dist. General Assembly Proposed Bill No. 5175 February Session, 2012 LCO No. 553 Referred to Committee on Finance, Revenue and Bonding Introduced by: REP. CAFERO, 142nd Dist. REP. KLARIDES, 114th Dist. REP. CANDELORA, 86th Dist. AN ACT ELIMINATING THE CORPORATION BUSINESS TAX SURCHARGE. Be it enacted by the Senate and House of Representatives in General Assembly convened: That chapter 208 of the general statutes be amended to repeal the ten per cent corporate surcharge on certain C corporations. Statement of Purpose: To eliminate an impediment to job creation in the state of Connecticut.