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CT SB00241

Bill

Official Source

Status

Introduced

1/17/2023

Primary Sponsor

Kevin Kelly

Click for details

Origin

Senate

2023 General Assembly

AI Summary

  • Establishes a Buy Connecticut program providing sales tax exemptions to defense contractors that utilize in-state subcontractors and businesses
  • Provides research and development tax credits to defense contractors meeting the in-state subcontracting requirements
  • Creates financial incentives designed to encourage defense contractors to source services from Connecticut-based companies and subcontractors
  • Referred to the Committee on Commerce and introduced by Senator Kelly (21st District) during the January 2023 session

Legislative Description

An Act Establishing A Buy Connecticut Program For Defense Contractors.

Last Action

Referred to Joint Committee on Commerce

1/17/2023

Committee Referrals

Commerce1/17/2023

Full Bill Text

No bill text available