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SB 68CONNECTICUTSession 2026State Billdead

Did Not Advance

Connecticut bill proposes restoring business entity tax credit rate to 93.03 percent

Original title: AN ACT RESTORING THE RATE OF THE CREDIT AGAINST THE AFFECTED BUSINESS ENTITY TAX.

Last action · February 4, 2026: Referred to Joint Committee on Finance, Revenue and BondingSponsor: Rob Sampson

Bill progressHistory & official text ↓

Introduced

Committee

Floor Vote

Passed

Law

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What This Bill Proposed

Proposed Bill No. 68 directs an amendment to chapter 228z of the general statutes to restore the tax credit rate against the to 93.03 percent.

Why it matters

Modifies the tax credit calculation for pass-through entities, altering state tax liabilities and collections for participating businesses.

Who It Would Have Affected

Groups the bill's text would have affected, as described in the record. Being affected is not a position for or against it.

Directly affected

Businesses subject to the affected business entity tax

Their tax credit rate under chapter 228z of the general statutes changes to 93.03 percent.

Key Facts

Proposed Bill No. 68 requires amending chapter 228z of the general statutes.
The tax credit rate against the affected business entity tax is set to be restored to 93.03 percent.
The bill was introduced for the February 2026 Session of the General Assembly.
The measure was referred to the Joint Committee on Finance, Revenue and Bonding.

Frequently Asked Questions

What does Proposed Bill No. 68 change?

It proposes restoring the rate of the credit against the to ninety-three and one-hundredths per cent under chapter 228z of the general statutes.

Which legislative committee is reviewing this bill?

The bill was referred to the Joint Committee on Finance, Revenue and Bonding.

What else do you want to know?

News Coverage

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Where This Stands

This bill did not become law - Died at adjournment · in Senate committee.

Procedural history

1 action

Feb 4, 2026Connecticut General AssemblyCommittee
Referred to Joint Committee on Finance, Revenue and Bonding

Version history

Only one version on file - nothing to compare yet. As later stages (committee substitute, engrossed, enrolled) are captured, the redline appears here.

View official text →

Lobbying Activity

No state lobbying filings in our records match this bill. Federal lobbying reports (LDA) cover Congress, so they are not listed on state bills.

Full breakdown

Who this bill affects and the strongest case for and against it, written only from the bill’s own text.

Connected Entities

Rob Sampson, Finance, Revenue and Bonding

PersonRob Sampson“Senator for the 16th District introducing Proposed Bill No. 68”Map →

OrganizationFinance, Revenue and Bonding“Joint Committee to which the bill was referred”Map →

Sources

Open source document

cga.ct.gov

Analysis Score

0–100

Significance20
Lowered because this bill did not pass (its text scored 35)
Controversy20
Intensity of disagreement among stakeholders
Entertainment5
Compellingness for a non-policy-wonk reader
Buzz15
Current news / social attention level

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