General Assembly

 

Raised Bill No. 5588

February Session, 2018

 

LCO No. 3159

 

*03159_______FIN*

Referred to Committee on FINANCE, REVENUE AND BONDING

 

Introduced by:

 

(FIN)

 

AN ACT CONCERNING AN ANALYSIS OF THE REVENUE STREAMS OF THE STATE.

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

Section 1. (Effective from passage) The Commissioner of Revenue Services shall analyze the revenue streams of the state to identify legislative changes that may be made to incentivize economic development and business competitiveness in the state. The commissioner may consult with any individuals, businesses and state agencies the commissioner deems necessary or appropriate to accomplish the purposes of the analysis. Not later than January 1, 2019, the commissioner shall submit a report, in accordance with the provisions of section 11-4a of the general statutes, on the commissioner's analysis and recommendations to the joint standing committee of the General Assembly having cognizance of matters relating to finance, revenue and bonding.

This act shall take effect as follows and shall amend the following sections:

Section 1

from passage

New section

Statement of Purpose:

To require the Commissioner of Revenue Services to analyze the revenue streams of the state.

[Proposed deletions are enclosed in brackets. Proposed additions are indicated by underline, except that when the entire text of a bill or resolution or a section of a bill or resolution is new, it is not underlined.]