Connecticut 2021 Regular Session

Connecticut House Bill HB06181 Compare Versions

Only one version of the bill is available at this time.
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33 LCO No. 2062 1 of 1
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55 General Assembly Proposed Bill No. 6181
66 January Session, 2021
77 LCO No. 2062
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1010 Referred to Committee on FINANCE, REVENUE AND
1111 BONDING
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1414 Introduced by:
1515 REP. DOUCETTE, 13th Dist.
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1919 AN ACT CONCERNING THE AMOUNT OF THE CREDIT ALLOWED
2020 AGAINST THE AFFECTED BUSINESS ENTITY TAX.
2121 Be it enacted by the Senate and House of Representatives in General
2222 Assembly convened:
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2424 That section 12-699 of the general statutes be amended to increase, for 1
2525 the first one million dollars of income subject to the affected business 2
2626 entity tax, the amount of the credit a taxpayer may claim under said 3
2727 section to ninety-three and one-hundredths per cent. 4
2828 Statement of Purpose:
2929 To increase, for the first one million dollars of income subject to the
3030 affected business entity tax, the amount of the credit under section 12-
3131 699 of the general statutes to ninety-three and one-hundredths per cent.