General Assembly Proposed Bill No. 5336 January Session, 2013 LCO No. 811 Referred to Committee on FINANCE, REVENUE AND BONDING Introduced by: REP. BETTS, 78th Dist. SEN. WELCH, 31st Dist. General Assembly Proposed Bill No. 5336 January Session, 2013 LCO No. 811 Referred to Committee on FINANCE, REVENUE AND BONDING Introduced by: REP. BETTS, 78th Dist. SEN. WELCH, 31st Dist. AN ACT REPEALING 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the Senate and House of Representatives in General Assembly convened: That section 12-284b of the general statutes be repealed, effective July 1, 2013. Statement of Purpose: To repeal the business entity tax.