Connecticut 2019 Regular Session

Connecticut Senate Bill SB00261 Compare Versions

Only one version of the bill is available at this time.
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33 LCO No. 2506 1 of 1
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55 General Assembly Proposed Bill No. 261
66 January Session, 2019
77 LCO No. 2506
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1010 Referred to Committee on FINANCE, REVENUE AND
1111 BONDING
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1414 Introduced by:
1515 SEN. NEEDLEMAN, 33
1616 rd Dist.
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2020
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2222 AN ACT CONCERNING STRANDED TAX CREDITS.
2323 Be it enacted by the Senate and House of Representatives in General
2424 Assembly convened:
2525
2626 That the general statutes be amended to increase the ability of 1
2727 Connecticut businesses to use previously accumulated tax credits for 2
2828 the purpose of capital development, business investment or other 3
2929 economically significant projects. 4
3030 Statement of Purpose:
3131 To increase the ability of Connecticut businesses to use previously
3232 accumulated tax credits.