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CT HB05008

Bill

Official Source

Status

Introduced

2/4/2026

Primary Sponsor

Vincent Candelora

Click for details

Origin

House of Representatives

2026 General Assembly

AI Summary

  • Creates a $2,080 tax credit per full-time equivalent employee for small businesses
  • Eligibility limited to businesses meeting the U.S. Small Business Administration definition of "small business"
  • Amends Title 12 of the Connecticut General Statutes (taxation provisions)
  • Referred to the Finance, Revenue and Bonding Committee

Legislative Description

An Act Establishing A Small Business Tax Credit.

Last Action

Referred to Joint Committee on Finance, Revenue and Bonding

2/4/2026

Committee Referrals

Finance, Revenue and Bonding2/4/2026

Full Bill Text

No bill text available