CT HB05242 | 2010 | General Assembly
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 18 2010 - 25% progression, died in committee
Action: 2010-02-18 - Referred to Joint Committee on Finance, Revenue and Bonding
Pending: Joint Finance, Revenue and Bonding Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on February 18 2010 - 25% progression, died in committee
Action: 2010-02-18 - Referred to Joint Committee on Finance, Revenue and Bonding
Pending: Joint Finance, Revenue and Bonding Committee
Text: Latest bill text (Introduced) [HTML]
Summary
To make the corporate income tax progressive, with a 5% rate for net incomes of less than $500,000, a 10% rate for net incomes over $10 million and the current 7.5% for incomes from $500,000 to $10 million.
Title
An Act Concerning A Progressive Corporate Income Tax.
Sponsors
| Rep. Tim O'Brien [D] |
History
| Date | Chamber | Action |
|---|---|---|
| 2010-02-18 | Referred to Joint Committee on Finance, Revenue and Bonding |
Connecticut State Sources
| Type | Source |
|---|---|
| Summary | http://www.cga.ct.gov/asp/cgabillstatus/cgabillstatus.asp?selBillType=Bill&bill_num=HB05242&which_year=2010 |
| Text | http://www.cga.ct.gov/2010/TOB/H/2010HB-05242-R00-HB.htm |
