General Assembly Proposed Bill No. 5121 February Session, 2014 LCO No. 488 Referred to Committee on FINANCE, REVENUE AND BONDING Introduced by: REP. ZIOBRON, 34th Dist. General Assembly Proposed Bill No. 5121 February Session, 2014 LCO No. 488 Referred to Committee on FINANCE, REVENUE AND BONDING Introduced by: REP. ZIOBRON, 34th Dist. AN ACT REPEALING THE BUSINESS ENTITY TAX. Be it enacted by the Senate and House of Representatives in General Assembly convened: That chapter 213a of the general statutes be repealed. Statement of Purpose: To repeal the business entity tax and create a more competitive environment for business in Connecticut.