AN ACT CONCERNING A STUDY OF STATE TAXATION.

SB 1528 requires Connecticut's Commissioners of Economic and Community Development and Revenue Services to study the state's personal income tax, sales and use taxes, corporation business tax, and affected business entity tax. The study will compare these taxes to those in neighboring states to identify potential changes that could improve Connecticut's economic competitiveness. The commissioners must consult with businesses, individuals, and state agencies, and submit a final report to the legislature by January 1, 2026. This bill does not change current tax laws but mandates a review to inform future policy decisions.