Bill Text: CT HB05406 | 2011 | General Assembly | Introduced
Bill Title: An Act Concerning Public Access To Information On Tax Incentives Received By Businesses.
Sponsorship: Partisan Bill (Democrat 1)
Status: (Introduced - Dead) 2011-01-19 - Referred to Joint Committee on Finance, Revenue and Bonding [HB05406 Detail]
Download: Connecticut-2011-HB05406-Introduced.html
General Assembly |
Proposed Bill No. 5406 |
||||
January Session, 2011 |
LCO No. 1668 | ||||
Referred to Committee on Finance, Revenue and Bonding |
|||||
Introduced by: |
|||||
REP. MOUKAWSHER, 40th Dist. |
|||||
AN ACT CONCERNING PUBLIC ACCESS TO INFORMATION ON TAX INCENTIVES RECEIVED BY BUSINESSES.
Be it enacted by the Senate and House of Representatives in General Assembly convened:
That the general statutes be amended to require the Commissioner of Revenue Services to maintain a listing of all corporations, partnerships, limited liability companies and solely-owned businesses that have claimed a deduction, credit, reduced tax rate or exemption under any statute or regulation, and the value to the corporation, partnership, limited liability company or solely-owned business of such tax treatment. Such listing shall be available to the public.
Statement of Purpose:
To provide necessary information for lawmakers to evaluate the effectiveness of and necessity for tax incentives, to determine their efficacy in job creation, and to encourage public awareness of such incentives.