Connecticut 2012 2012 Regular Session

Connecticut Senate Bill SB00171 Introduced / Bill

Filed 02/17/2012

                    General Assembly  Proposed Bill No. 171
February Session, 2012  LCO No. 609
Referred to Committee on Finance, Revenue and Bonding
Introduced by:
SEN. MCKINNEY, 28th Dist. SEN. FASANO, 34th Dist.

General Assembly

Proposed Bill No. 171 

February Session, 2012

LCO No. 609

Referred to Committee on Finance, Revenue and Bonding 

Introduced by:

SEN. MCKINNEY, 28th Dist.

SEN. FASANO, 34th Dist.

AN ACT EXPANDING ANGEL INVESTOR CREDITS.

Be it enacted by the Senate and House of Representatives in General Assembly convened:

That section 12-704d of the general statutes be amended to allow investments in any type of business, in addition to businesses engaged in bioscience and other emerging technologies.

Statement of Purpose: 

To provide incentives for private investment in Connecticut businesses by allowing investments in any Connecticut business to qualify for an angel investor tax credit.