Connecticut 2021 Regular Session

Connecticut House Bill HB05182 Latest Draft

Bill / Introduced Version Filed 01/14/2021

                             
 
LCO No. 482   	1 of 1 
 
General Assembly  Proposed Bill No. 5182  
January Session, 2021  
LCO No. 482 
 
 
Referred to Committee on FINANCE, REVENUE AND 
BONDING  
 
 
Introduced by:  
REP. CHEESEMAN, 37th Dist. 
 
 
 
AN ACT CONCERNING THE CAP ON RESEARCH AND 
DEVELOPMENT TAX CREDITS. 
Be it enacted by the Senate and House of Representatives in General 
Assembly convened: 
 
That title 12 of the general statutes be amended to increase the 1 
amount of research and development tax credits a biotechnology 2 
business may utilize in an income year. 3 
Statement of Purpose:   
To increase the amount of research and development tax credits a 
biotechnology business may utilize in an income year.