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CT SB00107

Bill

Status

Introduced

1/18/2019

Primary Sponsor

James Maroney

Click for details

Origin

Senate

2019 General Assembly

AI Summary

  • Authorizes the Commissioner of Economic and Community Development to establish an Internet exchange enabling companies to list eligible tax credits for sale and accept bids or set purchase prices.

  • The Internet exchange would be funded through fees charged on successful sales transactions.

  • Requires the Commissioner of Revenue Services to conduct a study on the fiscal impact of expanding business tax credits to the affected business entity tax under section 12-699 of the general statutes.

Legislative Description

An Act Concerning The Establishment Of An Internet Exchange To Facilitate The Sale Of Business Tax Credits And Requiring A Study Of The Fiscal Impact Of Expanding Business Tax Credits To The Affected Business Entity Tax.

Last Action

Change of Reference, Senate to Committee on Finance, Revenue and Bonding

2/7/2019

Committee Referrals

Finance, Revenue and Bonding2/5/2019
Commerce1/18/2019

Full Bill Text

No bill text available