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CT HB05978

Bill

Official Source

Status

Introduced

1/22/2025

Primary Sponsor

Kate Farrar

Click for details

Origin

House of Representatives

2025 General Assembly

AI Summary

  • Creates a refundable tax credit for news organizations covering local communities in Connecticut

  • Provides $15,000 per journalist currently employed in the state by a qualifying news organization

  • Provides $25,000 per new journalist hired in the state by a qualifying news organization

  • Caps the total credit amount at $150,000 per news organization

Legislative Description

An Act Establishing A Refundable Tax Credit For News Organizations That Cover Local Communities In The State.

Last Action

Public Hearing 02/26

2/20/2025

Committee Referrals

Finance, Revenue and Bonding1/22/2025

Full Bill Text

No bill text available