General Assembly Proposed Bill No. 5663
January Session, 2011 LCO No. 497
Referred to Committee on Commerce
Introduced by:
REP. BERGER, 73rd Dist.
General Assembly
Proposed Bill No. 5663
January Session, 2011
LCO No. 497
Referred to Committee on Commerce
Introduced by:
REP. BERGER, 73rd Dist.
AN ACT ENCOURAGING BUSINESS DEVELOPMENT IN DISTRESSED MUNICIPALITIES.
Be it enacted by the Senate and House of Representatives in General Assembly convened:
That the general statutes be amended to develop a business development tax credit for businesses located in distressed municipalities based on census tracts from the 2010 United States Census.
Statement of Purpose:
To encourage business development in the state's twenty-five distressed municipalities.