Connecticut 2017 Regular Session

Connecticut Senate Bill SB00720 Compare Versions

Only one version of the bill is available at this time.
OldNewDifferences
11 General Assembly Proposed Bill No. 720
22 January Session, 2017 LCO No. 2345
33 *02345*
44 Referred to Committee on FINANCE, REVENUE AND BONDING
55 Introduced by:
66 SEN. MCLACHLAN, 24th Dist. REP. HARDING, 107th Dist. REP. SANTIAGO, 130th Dist. REP. PETIT, 22nd Dist. SEN. MARKLEY, 16th Dist.
77
88 General Assembly
99
1010 Proposed Bill No. 720
1111
1212 January Session, 2017
1313
1414 LCO No. 2345
1515
1616 *02345*
1717
1818 Referred to Committee on FINANCE, REVENUE AND BONDING
1919
2020 Introduced by:
2121
2222 SEN. MCLACHLAN, 24th Dist.
2323
2424 REP. HARDING, 107th Dist.
2525
2626 REP. SANTIAGO, 130th Dist.
2727
2828 REP. PETIT, 22nd Dist.
2929
3030 SEN. MARKLEY, 16th Dist.
3131
3232 AN ACT CONCERNING TAX CREDITS FOR CORPORATIONS THAT DONATE TO SCHOLARSHIP PROGRAMS FOR STUDENTS AT NONPUBLIC SCHOOLS.
3333
3434 Be it enacted by the Senate and House of Representatives in General Assembly convened:
3535
3636 That the general statutes be amended to create a tax credit for corporations that donate to scholarship programs for low-income students to attend (1) nonpublic schools located in Norwalk, Danbury, New Haven, Bridgeport, Hartford, New Britain, Bristol, Norwich, New London, Waterbury or Wallingford, or (2) schools for students with special needs located anywhere in Connecticut in the amount of seventy per cent of the full amount of the donation or fifty thousand dollars, whichever is less, and that the aggregate amount of all credits available in any calendar year shall not exceed five hundred thousand dollars.
3737
3838 Statement of Purpose:
3939
4040 To allow corporations to receive a tax credit for donations to scholarship funds that allow low-income students to attend nonpublic schools or schools for students with special needs.