l9n/ Connecticut

2024 Regular Session

Senate Bill 443

AN ACT CONCERNING THE ACCRUAL OF INTEREST ON CERTAIN TAX UNDERPAYMENTS AND THE BUSINESS OPERATING LOSS CARRY-OVER PERIOD.

Did not become law. It stopped in the Senate on April 22, 2024. The 2024 session has ended.

What it does

The synopsis the General Assembly published with the bill.

To (1) provide that an aggrieved taxpayer may, under certain circumstances, file a written request that the Commissioner of Revenue Services issue an order, decision, determination or disallowance, (2) require that interest not accrue on tax underpayments resulting from certain amended returns related to the employee retention credit program, and (3) allow business operating losses incurred in income years commencing on or after January 1, 2025, to be deductible over thirty income years.

Sponsors

Who carried the bill in each chamber, and who signed on. Each name leads to the member's page.

In the Senate

1 co-sponsor

Rob Sampson

In the House of Representatives

    2 co-sponsors

    Brian Lanoue, Mark DeCaprio

    Its course

    March 14 to April 22, 2024, on one scale. In the top row each mark is a day something happened; taller marks are busier days.

    Each committee stop sits inside its chamber.

    Every action9 actions on 6 days

    In the SenateMar 14 to Apr 22 · stopped39 days

    Finance, Revenue and Bonding CommitteeMar 14 to Apr 320 days

    Text

    Each version as the General Assembly printed it.

    l9n doesn't hold this bill's text yet.

    What happened

    In l9n's words, one line for each step. Every action as the General Assembly published it is below.

    In the Senate Mar 14 – Apr 3

    1. Mar 14Introduced and sent to Finance, Revenue and Bonding Committee
    2. Mar 15Heard in Finance, Revenue and Bonding Committee
    3. Apr 3Finance, Revenue and Bonding Committee recommended a substitute for it
    All 9 actions, as published
    1. Mar 14REF. TO JOINT COMM. ONBoth houses
    2. Mar 15PUBLIC HEARINGBoth houses
    3. Apr 3Joint Favorable SubstituteBoth houses
    4. Apr 4FILED WITH LCOBoth houses
    5. Apr 15REFERRED TO OLR, OFABoth houses
    6. Apr 22RPTD. OUT OF LCOBoth houses
    7. Apr 22FAV. RPT., TAB. FOR CAL., SEN.Senate
    8. Apr 22SENATE CALENDAR NUMBERSenate
    9. Apr 22FILE NO.Both houses