Page 603

House Bill No. 5506

Public Act No. 22-118 603 of 739

surgical center would have otherwise been required to file such return electronically or to make such tax payment by electronic funds transfer under the provisions of chapter 228g. (c) Whenever the tax imposed under this section is not paid when due, a penalty of ten per cent of the amount due and unpaid or fifty dollars, whichever is greater, shall be imposed and interest at the rate of one per cent per month or fraction thereof shall accrue on such tax from the due date of such tax until the date of payment. (d) The provisions of sections 12-548, 12-550 to 12-554, inclusive, and 12-555a shall apply to the provisions of this section in the same manner and with the same force and effect as if the language of said sections had been incorporated in full into this section and had expressly referred to the tax imposed under this section, except to the extent that any provision is inconsistent with a provision in this section. (e) For the fiscal years ending June 30, 2016, to June 30, [2023] 2022, inclusive, the Comptroller is authorized to record as revenue for each fiscal year the amount of tax imposed under the provisions of this section prior to the end of each fiscal year and which tax is received by the Commissioner of Revenue Services not later than five business days after the last day of July immediately following the end of each fiscal year. Sec. 437. Section 38a-91aa of the general statutes is repealed and the following is substituted in lieu thereof (Effective July 1, 2022): As used in [sections 38a-91aa to 38a-91tt] this section, sections 38a- 91bb to 38a-91uu, inclusive, and sections 38a-91ww and 38a-91xx: (1) "Affiliated company" means any company in the same corporate system as a parent, an industrial insured or a member organization by virtue of common ownership, control, operation or management.