CT SB00114

Requires the Commissioner of Revenue Services to waive penalties and interest incurred by affected business entities for non-payment of the affected business entity tax under section 12-699 of the general statutes prior to May 31, 2018

Applies to affected business entities that failed to pay the business entity tax by the May 31, 2018 deadline

Provides financial relief by eliminating accumulated penalties and interest charges on unpaid tax obligations

Referred to the Committee on Finance, Revenue and Bonding

Introduced by Senator Formica of the 20th District during the January 2019 session