General Assembly Proposed Bill No. 5159 February Session, 2016 LCO No. 441 *00441* Referred to Committee on FINANCE, REVENUE AND BONDING Introduced by: REP. FERRARO, 117th Dist. General Assembly Proposed Bill No. 5159 February Session, 2016 LCO No. 441 *00441* Referred to Committee on FINANCE, REVENUE AND BONDING Introduced by: REP. FERRARO, 117th Dist. AN ACT REPEALING THE CORPORATE 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 surcharge on the corporation business tax. Statement of Purpose: To repeal the corporate tax surcharge.