Connecticut Seal

General Assembly

 

Proposed Bill No. 5167

 

February Session, 2006

 

LCO No. 763

   

Referred to Committee on Finance, Revenue and Bonding

 

Introduced by:

 

REP. DILLON, 92nd Dist.

 

AN ACT CONCERNING STOCK OPTIONS.

Be it enacted by the Senate and House of Representatives in General Assembly convened:

That chapter 208 of the general statutes be amended to eliminate the deduction for noncash compensation from the tax base of corporations.

Statement of Purpose:

To eliminate the deduction for noncash compensation from the tax base of corporations.