CT HB07166

Expands R&D tax credit eligibility to include certain single-member LLCs with over 3,000 Connecticut employees engaged in manufacturing with expertise in mechatronics, alignment and sensor technology, and optical fabrication, effective for tax years beginning January 1, 2025

Modifies the film production tax credit program by exempting interactive web sites from the 50% principal photography requirement, making administrative fees nonrefundable, changing the application deadline to 90 days after completion of independent certification, and making regulation adoption permissive rather than mandatory

Repeals the digital animation production tax credit (Section 12-217ll), consolidating entertainment production incentives under the existing film production and infrastructure tax credit programs

Expands the workforce incentive program for employers of individuals with intellectual disabilities by lowering the minimum workforce threshold from 10% to 5%, extending eligibility to all employers (not just nonprofits), and requiring competitive integrated employment

Authorizes DECD to sell Connecticut brand merchandise and advertising space for Connecticut businesses with proceeds deposited in the Tourism Fund, and allows state property to be used for cultural or historical attractions in addition to manufacturing and business purposes