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CT HB05061

Bill

Official Source

Status

Introduced

2/11/2020

Primary Sponsor

Raghib Allie-Brennan

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Origin

House of Representatives

2020 General Assembly

AI Summary

  • Increases the cap on research and development credits that taxpayers may claim for an income year from 50 percent to 70 percent
  • Amends title 12 of the Connecticut general statutes to implement the change
  • Referred to the Committee on Finance, Revenue and Bonding
  • Introduced by Representative Allie-Brennan (2nd District) during the February 2020 session

Legislative Description

An Act Increasing The Cap On Research And Development Credits.

Last Action

Public Hearing 02/27

2/21/2020

Committee Referrals

Finance, Revenue and Bonding2/11/2020

Full Bill Text

No bill text available