AN ACT RESTORING THE CAP ON A COMBINED GROUP'S TAX LIABILITY ON A UNITARY BASIS.

SB 58 restores a $2.5 million cap on tax liability for business groups that file taxes together under a "unitary" structure. It amends section 12-218e of the tax code to reinstate this limit, which was removed by a prior law (public act 25-168). The bill directly affects multi-entity business groups that combine their tax filings. This change sets a specific maximum tax amount these groups must pay under the unitary filing system.