Connecticut 2016 Regular Session

Connecticut Senate Bill SB00053 Compare Versions

Only one version of the bill is available at this time.
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11 General Assembly Proposed Bill No. 53
22 February Session, 2016 LCO No. 780
33 *00780*
44 Referred to Committee on FINANCE, REVENUE AND BONDING
55 Introduced by:
66 SEN. FRANTZ, 36th Dist.
77
88 General Assembly
99
1010 Proposed Bill No. 53
1111
1212 February Session, 2016
1313
1414 LCO No. 780
1515
1616 *00780*
1717
1818 Referred to Committee on FINANCE, REVENUE AND BONDING
1919
2020 Introduced by:
2121
2222 SEN. FRANTZ, 36th Dist.
2323
2424 AN ACT REDUCING THE CORPORATION BUSINESS TAX RATE.
2525
2626 Be it enacted by the Senate and House of Representatives in General Assembly convened:
2727
2828 That chapter 208 of the general statutes be amended to reduce the corporation business tax rate from seven and one-half per cent to six per cent.
2929
3030 Statement of Purpose:
3131
3232 To reduce the corporation business tax rate from seven and one-half per cent to six per cent in order to stimulate the state economy, help create jobs and attract businesses to the state.