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CT SB00723

Bill

Status

Introduced

1/23/2015

Primary Sponsor

Kevin Kelly

Click for details

Origin

Senate

2015 General Assembly

AI Summary

  • Establishes a "Buy Connecticut" program to incentivize defense contractors to utilize in-state subcontractors and businesses
  • Provides sales tax exemptions for qualifying defense contractors using Connecticut subcontractors
  • Offers research and development tax credits to defense contractors engaging in-state businesses
  • Amends Title 12 of the Connecticut General Statutes to implement the program

Legislative Description

An Act Creating Incentives For Defense Contractors To Utilize In-state Subcontractors.

Last Action

Referred to Joint Committee on Commerce

1/23/2015

Committee Referrals

Commerce1/23/2015

Full Bill Text

No bill text available