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CT SB00323

Bill

Official Source

Status

Introduced

1/22/2015

Primary Sponsor

Commerce Committee

Click for details

Origin

Senate

2015 General Assembly

AI Summary

  • Increases the annual cap on total Neighborhood Assistance Act tax credits from $5 million to $10 million per fiscal year
  • Raises the minimum allocation for tax credits granted to business firms eligible under section 12-635 from $3 million to not less than $3 million
  • Effective date of July 1, 2015
  • Amends section 12-632(i) of the general statutes

Legislative Description

An Act Increasing The Annual Cap On The Neighborhood Assistance Act Tax Credit Program.

Last Action

Favorable Change of Reference, House to Committee on Finance, Revenue and Bonding

3/12/2015

Committee Referrals

Finance, Revenue and Bonding3/10/2015
Commerce1/22/2015

Full Bill Text

No bill text available