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

HB 5549 restores the tax credit rate against the affected business entity tax to 93.01 percent. This bill directly affects businesses that pay the affected business entity tax by increasing the credit they can claim. The key provision amends Chapter 228z of the general statutes to return the credit rate to its prior level. This is a procedural adjustment to correct a previous reduction, not a new policy change.