Bill Text: CT HB05222 | 2011 | General Assembly | Introduced
Bill Title: An Act Concerning An Exemption From The Business Entity Tax For Small Businesses.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2011-01-13 - Referred to Joint Committee on Finance, Revenue and Bonding [HB05222 Detail]
Download: Connecticut-2011-HB05222-Introduced.html
General Assembly |
Proposed Bill No. 5222 |
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January Session, 2011 |
LCO No. 123 | ||||
Referred to Committee on Finance, Revenue and Bonding |
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Introduced by: |
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REP. COUTU, 47th Dist. |
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AN ACT CONCERNING AN EXEMPTION FROM THE BUSINESS ENTITY TAX FOR SMALL BUSINESSES.
Be it enacted by the Senate and House of Representatives in General Assembly convened:
That section 12-284b of the general statutes be amended to exempt businesses with ten or fewer employees from the tax.
Statement of Purpose:
To help promote the growth of small businesses in the state by exempting them from the business entity tax.