General Assembly Proposed Bill No. 5740 January Session, 2015 LCO No. 1468 *01468* Referred to Committee on FINANCE, REVENUE AND BONDING Introduced by: REP. WILMS, 142nd Dist. General Assembly Proposed Bill No. 5740 January Session, 2015 LCO No. 1468 *01468* Referred to Committee on FINANCE, REVENUE AND BONDING Introduced by: REP. WILMS, 142nd 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the Senate and House of Representatives in General Assembly convened: That section 12-284b of the general statutes be repealed to eliminate the business entity tax. Statement of Purpose: To repeal the business entity tax.