CT SB00219

Expands the Neighborhood Assistance Act tax credit to include investments in programs under chapter 213a in addition to chapters 207-212, effective October 1, 2012.

Allows business firms to claim tax credits of up to 60% of cash invested in neighborhood assistance programs, with certain energy conservation projects eligible for up to 100% credit.

Permits tax credits for child day care facility establishment and operation, capped at $50,000 per business firm per year, with facilities required to be licensed and operated non-profit.

Extends tax credit eligibility to community-based alcoholism prevention and treatment programs operated under approved neighborhood assistance proposals.

Applies all amendments to income tax provisions under chapters 207, 208, 209, 210, 211, 212, and 213a.