| 1 | 1 | | |
|---|
| 2 | 2 | | |
|---|
| 3 | 3 | | LCO No. 3681 1 of 2 |
|---|
| 4 | 4 | | |
|---|
| 5 | 5 | | General Assembly Raised Bill No. 1528 |
|---|
| 6 | 6 | | January Session, 2025 |
|---|
| 7 | 7 | | LCO No. 3681 |
|---|
| 8 | 8 | | |
|---|
| 9 | 9 | | |
|---|
| 10 | 10 | | Referred to Committee on FINANCE, REVENUE AND |
|---|
| 11 | 11 | | BONDING |
|---|
| 12 | 12 | | |
|---|
| 13 | 13 | | |
|---|
| 14 | 14 | | Introduced by: |
|---|
| 15 | 15 | | (FIN) |
|---|
| 16 | 16 | | |
|---|
| 17 | 17 | | |
|---|
| 18 | 18 | | |
|---|
| 19 | 19 | | |
|---|
| 20 | 20 | | AN ACT CONCERNING A STUDY OF STATE TAXATION. |
|---|
| 21 | 21 | | Be it enacted by the Senate and House of Representatives in General |
|---|
| 22 | 22 | | Assembly convened: |
|---|
| 23 | 23 | | |
|---|
| 24 | 24 | | Section 1. (Effective from passage) The Commissioners of Economic and 1 |
|---|
| 25 | 25 | | Community Development and Revenue Services shall study certain 2 |
|---|
| 26 | 26 | | taxes imposed by this state, such as the personal income tax, sales and 3 |
|---|
| 27 | 27 | | use taxes, the corporation business tax and the affected business entity 4 |
|---|
| 28 | 28 | | tax, in comparison with surrounding states to identify programmatic 5 |
|---|
| 29 | 29 | | and legislative changes that may be made to develop the economic 6 |
|---|
| 30 | 30 | | competitiveness of the state. The commissioners may consult with any 7 |
|---|
| 31 | 31 | | individuals, businesses and state agencies the commissioners deem 8 |
|---|
| 32 | 32 | | necessary or appropriate to accomplish the purposes of the study. Not 9 |
|---|
| 33 | 33 | | later than January 1, 2026, the commissioners shall submit a report, in 10 |
|---|
| 34 | 34 | | accordance with the provisions of section 11-4a of the general statutes, 11 |
|---|
| 35 | 35 | | on the commissioners' findings and recommendations to the joint 12 |
|---|
| 36 | 36 | | standing committees of the General Assembly having cognizance of 13 |
|---|
| 37 | 37 | | matters relating to commerce and finance, revenue and bonding. 14 |
|---|
| 38 | 38 | | Raised Bill No. 1528 |
|---|
| 39 | 39 | | |
|---|
| 40 | 40 | | |
|---|
| 41 | 41 | | |
|---|
| 42 | 42 | | LCO No. 3681 2 of 2 |
|---|
| 43 | 43 | | |
|---|
| 44 | 44 | | This act shall take effect as follows and shall amend the following |
|---|
| 45 | 45 | | sections: |
|---|
| 46 | 46 | | |
|---|
| 47 | 47 | | Section 1 from passage New section |
|---|
| 48 | 48 | | |
|---|
| 49 | 49 | | Statement of Purpose: |
|---|
| 50 | 50 | | To require the Commissioners of Economic and Community |
|---|
| 51 | 51 | | Development and Revenue Services to study certain taxes imposed by |
|---|
| 52 | 52 | | this state. |
|---|
| 53 | 53 | | |
|---|
| 54 | 54 | | [Proposed deletions are enclosed in brackets. Proposed additions are indicated by underline, except |
|---|
| 55 | 55 | | that when the entire text of a bill or resolution or a section of a bill or resolution is new, it is not |
|---|
| 56 | 56 | | underlined.] |
|---|
| 57 | 57 | | |
|---|