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CT SB00710

Bill

Official Source

Status

Introduced

1/29/2021

Primary Sponsor

Kevin Kelly

Click for details

Origin

Senate

2021 General Assembly

AI Summary

  • Require the Department of Economic and Community Development to establish a program providing incentives to defense contractors and subcontractors headquartered in the state.
  • Incentives shall include sales tax exemptions and research and development tax credits.
  • Program eligibility limited to contractors making long-term commitments to maintain and grow jobs in the state.
  • Referred to Committee on Commerce and introduced by Senator Kelly (21st District) and Senator Formica (20th District).

Legislative Description

An Act Creating Incentives For Defense Contractors To Create Jobs.

Last Action

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

2/18/2021

Committee Referrals

Finance, Revenue and Bonding2/18/2021
Commerce1/29/2021

Full Bill Text

No bill text available