LCO No. 1489 1 of 1
General Assembly Proposed Bill No. 5647
January Session, 2021
LCO No. 1489
Referred to Committee on FINANCE, REVENUE AND
BONDING
Introduced by:
REP. DUBITSKY, 47th Dist.
AN ACT EXEMPTING SMALL BUSINESSES FROM PENALTIES FOR
NONPAYMENT OF ESTIMATED TAXES ON A QUARTERLY BASIS.
Be it enacted by the Senate and House of Representatives in General
Assembly convened:
That title 12 of the general statutes be amended to prohibit the 1
Department of Revenue Services from imposing a penalty on small 2
businesses for nonpayment of estimated taxes on a quarterly basis. 3
Statement of Purpose:
To prohibit the Department of Revenue Services from imposing a
penalty on small businesses for nonpayment of estimated taxes on a
quarterly basis.