General Assembly Proposed Bill No. 5887 January Session, 2017 LCO No. 1674 *01674* Referred to Committee on FINANCE, REVENUE AND BONDING Introduced by: REP. SIMMONS, 144th Dist. General Assembly Proposed Bill No. 5887 January Session, 2017 LCO No. 1674 *01674* Referred to Committee on FINANCE, REVENUE AND BONDING Introduced by: REP. SIMMONS, 144th Dist. AN ACT EXEMPTING NEW BUSINESSES FROM THE BUSINESS ENTITY TAX. Be it enacted by the Senate and House of Representatives in General Assembly convened: That title 12 of the general statutes be amended to exempt new businesses from the business entity tax. Statement of Purpose: To exempt new businesses from the business entity tax.