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CT HB05265

Bill

Status

Introduced

1/14/2019

Primary Sponsor

Christopher Davis

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Origin

House of Representatives

2019 General Assembly

AI Summary

  • Amends section 12-284b of Connecticut General Statutes to extend the business entity tax payment period for benefit corporations from every two years to every four years
  • Applies only to benefit corporations as defined in section 33-1351 that are subject to the business entity tax
  • Requires benefit corporations paying on the four-year schedule to submit a copy of their benefit report to the Department of Revenue Services at the end of the second year
  • Referred to the Committee on Finance, Revenue and Bonding during the January 2019 session

Legislative Description

An Act Concerning The Business Entity Tax Liability Of Benefit Corporations.

Last Action

Public Hearing 03/04

2/28/2019

Committee Referrals

Finance, Revenue and Bonding1/14/2019

Full Bill Text

No bill text available