General Assembly Proposed Bill No. 5665
January Session, 2015 LCO No. 1861
*01861*
Referred to Committee on COMMERCE
Introduced by:
REP. CANDELARIA, 95th Dist.
General Assembly
Proposed Bill No. 5665
January Session, 2015
LCO No. 1861
*01861*
Referred to Committee on COMMERCE
Introduced by:
REP. CANDELARIA, 95th Dist.
AN ACT CONCERNING A NEW EMPLOYERS TAX CREDIT.
Be it enacted by the Senate and House of Representatives in General Assembly convened:
That the general statutes be amended to provide a new employer tax credit for a corporation or pass-through entity that, on or after July 1, 2015, employs not less than fifteen new employees and (1) locates or relocates the operations of a business enterprise in Connecticut, (2) incorporates or otherwise first organizes in Connecticut, or (3) expands its operations of a business enterprise in Connecticut.
Statement of Purpose:
To encourage job creation in the state.