Bill Text: CT SB00098 | 2017 | General Assembly | Introduced


Bill Title: An Act Repealing The Corporate Income Tax Surcharge.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2017-01-13 - Referred to Joint Committee on Finance, Revenue and Bonding [SB00098 Detail]

Download: Connecticut-2017-SB00098-Introduced.html

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.

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