Bill Text: CT HB05879 | 2013 | General Assembly | Introduced
Bill Title: An Act Concerning Tax Expenditures For Corporations.
Spectrum: Bipartisan Bill
Status: (Introduced - Dead) 2013-01-24 - Referred to Joint Committee on Finance, Revenue and Bonding [HB05879 Detail]
Download: Connecticut-2013-HB05879-Introduced.html
General Assembly |
Proposed Bill No. 5879 |
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January Session, 2013 |
LCO No. 1785 | ||||
Referred to Committee on FINANCE, REVENUE AND BONDING |
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Introduced by: |
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REP. LEMAR, 96th Dist. |
AN ACT CONCERNING TAX EXPENDITURES FOR CORPORATIONS.
Be it enacted by the Senate and House of Representatives in General Assembly convened:
That the general statutes be amended to reduce spending on corporate tax credits and exemptions, establish annual caps on business tax credits and create a statutory mechanism to have results-based analysis of the tax treatment of corporations.
Statement of Purpose:
To reduce spending on corporate tax credits and exemptions, establish annual caps on business tax credits and create a statutory mechanism to have results-based analysis of the tax treatment of corporations.