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CT SB01076

Bill

Official Source

Status

Introduced

3/6/2015

Primary Sponsor

Finance, Revenue and Bonding Committee

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Origin

Senate

2015 General Assembly

AI Summary

  • Increases the annual cap on tax credits under the R.E. Van Norstrand Neighborhood Assistance Act from $5 million to $10 million per fiscal year
  • Maintains the requirement that $3 million of the total tax credits be granted to business firms eligible under section 12-635
  • Effective July 1, 2015
  • Amends section 12-632(i) of the general statutes

Legislative Description

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

Last Action

Public Hearing 04/06

4/2/2015

Committee Referrals

Finance, Revenue and Bonding3/6/2015

Full Bill Text

No bill text available