General Assembly Proposed Bill No. 9
February Session, 2012 LCO No. 57
Referred to Committee on Finance, Revenue and Bonding
Introduced by:
SEN. FRANTZ, 36th Dist.
General Assembly
Proposed Bill No. 9
February Session, 2012
LCO No. 57
Referred to Committee on Finance, Revenue and Bonding
Introduced by:
SEN. FRANTZ, 36th Dist.
AN ACT CONCERNING THE CORPORATION BUSINESS TAX RATE.
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 (1) reduce the tax on corporations from seven and one-half per cent to six per cent, and (2) repeal the surcharge imposed pursuant to said sections 12-214 and 12-219.
Statement of Purpose:
To stimulate the economy, help grow jobs and attract businesses to the state.