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CT HB06751

Bill

Official Source

Status

Introduced

1/25/2017

Primary Sponsor

Dave Yaccarino

Click for details

Origin

House of Representatives

2017 General Assembly

AI Summary

  • Establishes a tax credit program for companies that relocate to Connecticut
  • Provides per-employee tax credits for relocating businesses, subject to a fixed cap per company
  • Offers tax credits covering a portion of real property purchase prices for relocating companies
  • Allows tax credits to be claimed during the first five years of a company's operation in the state
  • Designed to attract new businesses to Connecticut and stimulate economic growth

Legislative Description

An Act Establishing Tax Credits For Businesses That Relocate To Connecticut.

Last Action

Referred to Joint Committee on Commerce

1/25/2017

Committee Referrals

Commerce1/25/2017

Full Bill Text

No bill text available