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CT HB05879

Bill

Official Source

Status

Introduced

1/24/2013

Primary Sponsor

Roland Lemar

Click for details

Origin

House of Representatives

2013 General Assembly

AI Summary

  • Reduces spending on corporate tax credits and exemptions through amendments to general statutes
  • Establishes annual caps on business tax credits to limit overall corporate tax incentive spending
  • Creates a statutory mechanism requiring results-based analysis of corporate tax treatment to evaluate effectiveness and outcomes

Legislative Description

An Act Concerning Tax Expenditures For Corporations.

Last Action

Referred to Joint Committee on Finance, Revenue and Bonding

1/24/2013

Committee Referrals

Finance, Revenue and Bonding1/24/2013

Full Bill Text

No bill text available