General Assembly Proposed Bill No. 156 January Session, 2013 LCO No. 494 Referred to Committee on FINANCE, REVENUE AND BONDING Introduced by: SEN. MARKLEY, 16th Dist. General Assembly Proposed Bill No. 156 January Session, 2013 LCO No. 494 Referred to Committee on FINANCE, REVENUE AND BONDING Introduced by: SEN. MARKLEY, 16th 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the Senate and House of Representatives in General Assembly convened: That section 12-284b of the general statutes be repealed. Statement of Purpose: To provide tax relief to small businesses by repealing the business entity tax.