Connecticut Seal

General Assembly

 

Proposed Bill No. 275

 

January Session, 2011

 

LCO No. 1548

   

Referred to Committee on Finance, Revenue and Bonding

 

Introduced by:

 

SEN. FRANTZ, 36th Dist.

 

AN ACT CONCERNING THE TREATMENT OF DEFERRED INCOME UNDER THE CONNECTICUT ALTERNATIVE MINIMUM TAX.

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

That subsection (d) of section 12-700a of the general statutes be amended to ensure that deferred income is not subject to double taxation.

Statement of Purpose:

To avoid the inadvertent double taxation of certain deferred income under the Connecticut alternative minimum tax.