General Assembly Proposed Bill No. 5346 January Session, 2015 LCO No. 672 *00672* Referred to Committee on FINANCE, REVENUE AND BONDING Introduced by: REP. FERRARO, 117th Dist. General Assembly Proposed Bill No. 5346 January Session, 2015 LCO No. 672 *00672* Referred to Committee on FINANCE, REVENUE AND BONDING Introduced by: REP. FERRARO, 117th Dist. AN ACT REPEALING THE CORPORATION BUSINESS TAX SURCHARGE. Be it enacted by the Senate and House of Representatives in General Assembly convened: That chapter 208 of the general statutes be amended to repeal the corporate business tax surcharge. Statement of Purpose: To eliminate an impediment to job creation in the state of Connecticut by repealing the corporate business tax surcharge.