General Assembly Proposed Bill No. 541
January Session, 2015 LCO No. 1343
*01343*
Referred to Committee on COMMERCE
Introduced by:
SEN. BOUCHER, 26th Dist.
General Assembly
Proposed Bill No. 541
January Session, 2015
LCO No. 1343
*01343*
Referred to Committee on COMMERCE
Introduced by:
SEN. BOUCHER, 26th Dist.
AN ACT CONCERNING A TAX CREDIT FOR NEW HIRES AND EXEMPTING EMPLOYERS FROM CORPORATE TAXES.
Be it enacted by the Senate and House of Representatives in General Assembly convened:
That the general statutes be amended to establish a program that (1) provides a tax credit to employers for hiring new employees, and (2) exempts new businesses in the state from corporate taxes for five years.
Statement of Purpose:
To spur job growth by providing tax relief to employers.