SB00068

An Act Restoring The Rate Of The Credit Against The Affected Business Entity Tax.

Introduced·2/4/26
Sb Text

Restores the credit rate against the affected business entity tax to 93%.

The bill amends chapter 228z of the general statutes to reinstate the credit rate against the affected business entity tax at 93%. This change aims to revert the tax credit rate to its previous level, impacting businesses subject to the affected business entity tax.

Included in complete analysis

  • Overview
  • Core Provisions
  • Implementation
  • Impact
  • Legal Framework
  • Critical Issues

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Where it stands

Current
Finance, Revenue and Bonding Committee
Next
Committee decision

Sponsors

0
1
R
Democratic CaucusRepublican Caucus

History

Feb 4

Senate

Referred to Joint Committee on Finance, Revenue and Bonding