General Assembly

 

Proposed Bill No. 98

 

January Session, 2017

 

LCO No. 1266

 

*01266*

Referred to Committee on FINANCE, REVENUE AND BONDING

 

Introduced by:

 

SEN. BOUCHER, 26th Dist.

 

AN ACT REPEALING THE CORPORATE INCOME TAX SURCHARGE.

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

That chapter 208 of the general statutes be amended to repeal the twenty per cent corporate income tax surcharge.

Statement of Purpose:

To provide economic growth incentives by reducing tax on businesses.