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CT SB00836

Bill

Official Source

Status

Introduced

1/19/2023

Primary Sponsor

James Maroney

Click for details

Origin

Senate

2023 General Assembly

AI Summary

  • Expands the angel investor tax credit to apply against the corporation business tax for cash investments in qualified securities of emerging technology businesses

  • Provides a tax credit equal to 20% of cash investments in emerging technology businesses

  • Increases the tax credit to 25% for investments in woman-owned businesses, minority-owned businesses, or businesses located in federal qualified opportunity zones

  • Amends section 12-704d of the general statutes to implement these changes

Legislative Description

An Act Expanding The Applicability Of The Angel Investor Tax Credit.

Last Action

Referred to Joint Committee on Finance, Revenue and Bonding

1/19/2023

Committee Referrals

Finance, Revenue and Bonding1/19/2023

Full Bill Text

No bill text available