General Assembly Proposed Bill No. 5023 February Session, 2018 LCO No. 70 *00070* Referred to Committee on FINANCE, REVENUE AND BONDING Introduced by: REP. SRINIVASAN, 31st Dist. General Assembly Proposed Bill No. 5023 February Session, 2018 LCO No. 70 *00070* Referred to Committee on FINANCE, REVENUE AND BONDING Introduced by: REP. SRINIVASAN, 31st Dist. AN ACT ELIMINATING 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 eliminate the business entity tax. Statement of Purpose: To eliminate the business entity tax.