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CT HB06739

Bill

Official Source

Status

Introduced

1/27/2025

Primary Sponsor

Jason Perillo

Click for details

Origin

House of Representatives

2025 General Assembly

AI Summary

  • Establishes a "Buy Connecticut" program targeting defense contractors operating in the state

  • Provides sales tax exemptions to defense contractors that use Connecticut-based subcontractors and businesses

  • Offers research and development tax credits to qualifying defense contractors that partner with in-state companies

  • Aims to incentivize defense contractors to keep supply chain spending within Connecticut's economy

Legislative Description

An Act Establishing A Buy Connecticut Program For Defense Contractors.

Last Action

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

1/31/2025

Committee Referrals

Finance, Revenue and Bonding1/30/2025
Commerce1/27/2025

Full Bill Text

No bill text available