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CT HB05200

Bill

Official Source

Status

Introduced

2/16/2010

Primary Sponsor

Elissa Wright

Click for details

Origin

House of Representatives

2010 General Assembly

AI Summary

  • Requires the Commissioner of Revenue Services to report to the Business Tax Credit Review Committee on entities participating in tax credit programs
  • Report must include entity name, address, business activities, and taxes paid on income from those activities
  • Report must detail the specific tax credit program used, amount of credit taken, gross revenues, and number of employees
  • Report must document job creation or retention resulting from tax credit use and new or increased revenues to state or local tax base
  • Report must identify the amount of nonstate investment leveraged by the tax credit

Legislative Description

An Act Concerning Information From Entities Participating In Tax Credit Programs.

Last Action

Referred to Joint Committee on Finance, Revenue and Bonding

2/16/2010

Committee Referrals

Finance, Revenue and Bonding2/16/2010

Full Bill Text

No bill text available