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CT HB06375
Bill
Status
6/23/2015
Primary Sponsor
Veterans' Affairs Committee
Click for details
AI Summary
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Allows veterans to obtain farmer tax exemption permits without meeting the $2,500 minimum gross income requirement if they have never owned or leased commercial agricultural property or have done so for less than two years.
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Veterans receiving permits must carry on agricultural production as a trade or business for two years after permit issuance or become liable for taxes otherwise exempted.
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Requires the Department of Revenue Services to adopt regulations for periodic farmer tax exemption permit registration, including application procedures and penalties for permit misuse.
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Directs the Department of Agriculture to collaborate with the Department of Veterans' Affairs, University of Connecticut Cooperative Extension Service, and Labor Department to encourage veterans to start or expand agricultural businesses.
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Expands the Connecticut Farm Link program to provide educational materials on farm succession planning, farm transfer strategies, and starting farm businesses.
Legislative Description
An Act Establishing A Veterans To Agriculture Program.
Last Action
Signed by the Governor
6/23/2015