General Assembly Proposed Bill No. 5040
January Session, 2013 LCO No. 219
Referred to Committee on FINANCE, REVENUE AND BONDING
Introduced by:
REP. SRINIVASAN, 31st Dist.
General Assembly
Proposed Bill No. 5040
January Session, 2013
LCO No. 219
Referred to Committee on FINANCE, REVENUE AND BONDING
Introduced by:
REP. SRINIVASAN, 31st Dist.
AN ACT EXPANDING ALLOWABLE INVESTMENTS FOR ANGEL INVESTMENT 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 angel investor tax credits for investments in any type of business, rather than the current limit to technology-based businesses.
Statement of Purpose:
To encourage angel investors to help the growth of business in Connecticut.