Connecticut-2011-SB00174-Introduced


General Assembly		*Proposed Bill No. 174*
*January Session, 2011*		LCO No. 293

Referred to Committee on Finance, Revenue and Bonding
Introduced by:
SEN. BOUCHER, 26th Dist.

AN ACT REPEALING THE CORPORATION BUSINESS TAX SURCHARGE.

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

That sections 12-214 and 12-219 of the general statutes be amended to repeal the ten per cent surcharge on companies subject to the corporation business tax.

Statement of Purpose:

To ease the burden on state businesses by repealing the corporation business tax surcharge.