Connecticut 2025 Regular Session

Connecticut Senate Bill SB01201 Compare Versions

Only one version of the bill is available at this time.
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33 LCO No. 1530 1 of 1
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55 General Assembly Proposed Bill No. 1201
66 January Session, 2025
77 LCO No. 1530
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1010 Referred to Committee on FINANCE, REVENUE AND
1111 BONDING
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1414 Introduced by:
1515 SEN. GADKAR-WILCOX, 22nd Dist.
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1919 AN ACT DISALLOWING CERTAIN CORPORATE DEDUCTIONS FROM
2020 GROSS INCOME.
2121 Be it enacted by the Senate and House of Representatives in General
2222 Assembly convened:
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2424 That chapter 208 of the general statutes be amended to disallow, for 1
2525 purposes of calculating operating loss under section 12-217 of the 2
2626 general statutes, corporations from claiming any deductions concerning 3
2727 commercial real property that has been vacant for more than three years. 4
2828 Statement of Purpose:
2929 To disallow, for purposes of calculating operating loss under section 12-
3030 217 of the general statutes, corporations from claiming any deductions
3131 concerning commercial real property that has been vacant for more than
3232 three years.