General Assembly Proposed Bill No. 5879
January Session, 2013 LCO No. 1785
Referred to Committee on FINANCE, REVENUE AND BONDING
Introduced by:
REP. LEMAR, 96th Dist.
General Assembly
Proposed Bill No. 5879
January Session, 2013
LCO No. 1785
Referred to Committee on FINANCE, REVENUE AND BONDING
Introduced by:
REP. LEMAR, 96th Dist.
AN ACT CONCERNING TAX EXPENDITURES FOR CORPORATIONS.
Be it enacted by the Senate and House of Representatives in General Assembly convened:
That the general statutes be amended to reduce spending on corporate tax credits and exemptions, establish annual caps on business tax credits and create a statutory mechanism to have results-based analysis of the tax treatment of corporations.
Statement of Purpose:
To reduce spending on corporate tax credits and exemptions, establish annual caps on business tax credits and create a statutory mechanism to have results-based analysis of the tax treatment of corporations.