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CT HB05360

Bill

Official Source

Status

Introduced

1/19/2011

Primary Sponsor

Edwin Gomes

Click for details

Origin

House of Representatives

2011 General Assembly

AI Summary

  • Allow development companies to accept transfers of research and development tax credits from corporations that have received credits under Connecticut General Statutes sections 12-217j or 12-217n
  • Transferred tax credits must be used by development companies to further commercial or residential real estate development projects located in enterprise zones
  • Permits corporations to transfer their R&D tax credits to support real estate development in designated enterprise zones

Legislative Description

An Act Concerning The Use Of Research And Development Tax Credits For Projects In Enterprise Zones.

Last Action

Referred to Joint Committee on Commerce

1/19/2011

Committee Referrals

Commerce1/19/2011

Full Bill Text

No bill text available