General Assembly

 

Proposed Bill No. 5726

 

January Session, 2017

 

LCO No. 1351

 

*01351*

Referred to Committee on FINANCE, REVENUE AND BONDING

 

Introduced by:

 

REP. FERRARO, 117th Dist.

 

AN ACT REPEALING THE BUSINESS ENTITY TAX.

Be it enacted by the Senate and House of Representatives in General Assembly convened:

That title 12 of the general statutes be amended to repeal the business entity tax.

Statement of Purpose:

To reduce the tax burden on businesses by repealing the business entity tax.