General Assembly Proposed Bill No. 168 February Session, 2014 LCO No. 576 Referred to Committee on FINANCE, REVENUE AND BONDING Introduced by: SEN. KELLY, 21st Dist. General Assembly Proposed Bill No. 168 February Session, 2014 LCO No. 576 Referred to Committee on FINANCE, REVENUE AND BONDING Introduced by: SEN. KELLY, 21st 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the Senate and House of Representatives in General Assembly convened: That section 12-284b of the general statutes be repealed.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 repeal the business entity tax.