General Assembly Proposed Bill No. 5065 February Session, 2016 LCO No. 137 *00137* Referred to Committee on FINANCE, REVENUE AND BONDING Introduced by: REP. MCGORTY, 122nd Dist. General Assembly Proposed Bill No. 5065 February Session, 2016 LCO No. 137 *00137* Referred to Committee on FINANCE, REVENUE AND BONDING Introduced by: REP. MCGORTY, 122nd 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 amended to repeal the business entity tax. Statement of Purpose: To repeal the business entity tax.