Connecticut 2015 2015 Regular Session

Connecticut Senate Bill SB00323 Introduced / Bill

Filed 01/21/2015

                    General Assembly  Proposed Bill No. 323
January Session, 2015  LCO No. 1095
 *01095*
Referred to Committee on COMMERCE
Introduced by:
SEN. LOONEY, 11th Dist.

General Assembly

Proposed Bill No. 323 

January Session, 2015

LCO No. 1095

*01095*

Referred to Committee on COMMERCE 

Introduced by:

SEN. LOONEY, 11th Dist.

AN ACT INCREASING THE ANNUAL CAP ON THE NEIGHBORHOOD ASSISTANCE ACT TAX CREDIT PROGRAM.

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

That subsection (i) of section 12-632 of the general statutes be amended to increase the total amount of all tax credits allowed under the Neighborhood Assistance Act in any fiscal year from five million dollars to ten million dollars.

Statement of Purpose: 

To increase the total amount of all tax credits allowed under the Neighborhood Assistance Act in any fiscal year from five million dollars to ten million dollars.