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General Assembly Substitute Bill No. 6440
January Session, 2021
AN ACT ESTABLISHING THE JOBSCT TAX REBAT E PROGRAM.
Be it enacted by the Senate and House of Representatives in General
Assembly convened:
Section 1. (NEW) (Effective July 1, 2021, and applicable to taxable years 1
commencing on or after January 1, 2022) (a) As used in this section: 2
(1) "Commissioner" means the Commissioner of Economic and 3
Community Development; 4
(2) "Discretionary FTE" means an FTE that is paid qualified wages 5
and does not meet the threshold wage requirements to be a qualified 6
FTE but is approved by the commissioner pursuant to subdivision (4) of 7
subsection (c) of this section; 8
(3) "Distressed municipality" has the same meaning as provided in 9
section 32-9p of the general statutes; 10
(4) "Full-time equivalent" or "FTE" means the number of employees 11
employed at a qualified business, calculated in accordance with 12
subsection (d) of this section; 13
(5) "Full-time job" means a job in which an employee is required to 14
work at least thirty-five or more hours per week. "Full-time job" does 15
not include a temporary or seasonal job; 16 Substitute Bill No. 6440
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(6) "Median household income" means the median annual household 17
income for residents in a municipality as calculated from the U.S. 18
Census Bureau's five-year American Community Survey or another 19
data source, at the sole discretion of the commissioner; 20
(7) "New employee" means a person or persons hired by the qualified 21
business to fill a full-time equivalent position. A new employee does not 22
include a person who was employed in this state by a related person 23
with respect to the qualified business within twelve months prior to a 24
qualified business' application to the commissioner for a rebate 25
allocation notice for a job creation rebate pursuant to subsection (c) of 26
this section; 27
(8) "New FTEs" means the number of FTEs that (A) did not exist in 28
this state at the time of a qualified business' application to the 29
commissioner for a rebate allocation notice for a job creation rebate 30
pursuant to subsection (c) of this section, (B) are not the result of FTEs 31
acquired due to a merger or acquisition, (C) are filled by a new 32
employee, (D) are qualified FTEs, and (E) are not FTEs hired to replace 33
FTEs that existed in the state after January 1, 2020. The commissioner 34
may issue guidance on the implementation of this definition; 35
(9) "New FTEs created" means the number of new FTEs that the 36
qualified business is employing at a point-in-time at the end of the 37
relevant time period; 38
(10) "New FTEs maintained" means the total number of new FTEs 39
employed throughout a relevant time period; 40
(11) "Opportunity zone" means a population census tract that is a 41
low-income community that is designated as a "qualified opportunity 42
zone" pursuant to the Tax Cuts and Jobs Act of 2017, P.L. 115-97, as 43
amended from time to time; 44
(12) "Part-time job" means a job in which an employee is required to 45
work less than thirty-five hours per week. "Part-time job" does not 46
include a temporary or seasonal job; 47 Substitute Bill No. 6440
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(13) "Qualified business" means a person that is (A) engaged in 48
business in an industry related to finance, insurance, manufacturing, 49
clean energy, bioscience, technology, digital media or any similar 50
industry, as determined by the sole discretion of the commissioner, and 51
(B) subject to taxation under chapter 207, 208 or 228z of the general 52
statutes; 53
(14) "Qualified FTE" means an FTE who is paid qualified wages of at 54
least eighty-five per cent of the median household income for the 55
location where the FTE position is primarily located, scaled in 56
proportion to the FTE fraction, or thirty-seven thousand five hundred 57
dollars, scaled in proportion to the FTE fraction, whichever is greater; 58
(15) "Qualified wages" means wages sourced to this state pursuant to 59
section 12-705 of the general statutes; 60
(16) "Rebate period" means the calendar years in which a tax rebate 61
provided for in this section is to be paid pursuant to a contract executed 62
pursuant to subsection (c) of this section; and 63
(17) "Related person" means (A) a corporation, limited liability 64
company, partnership, association or trust controlled by the qualified 65
business, (B) an individual, corporation, limited liability company, 66
partnership, association or trust that is in control of the qualified 67
business, (C) a corporation, limited liability company, partnership, 68
association or trust controlled by an individual, corporation, limited 69
liability company, partnership, association or trust that is in control of 70
the qualified business, or (D) a member of the same controlled group as 71
the qualified business. For the purposes of this subdivision, "control" 72
means (i) ownership, directly or indirectly, of stock possessing fifty per 73
cent or more of the total combined voting power of all classes of the 74
stock of a corporation entitled to vote, (ii) ownership, directly or 75
indirectly, of fifty per cent or more of the capital or profits interest in a 76
partnership, limited liability company or association, or (iii) ownership, 77
directly or indirectly, of fifty per cent or more of the beneficial interest 78
in the principal or income of a trust. The ownership of stock in a 79 Substitute Bill No. 6440
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corporation, of a capital or profits interest in a partnership, of a limited 80
liability company or association or of a beneficial interest in a trust shall 81
be determined in accordance with the rules for constructive ownership 82
of stock provided in Section 267(c) of the Internal Revenue Code of 1986, 83
or any subsequent corresponding internal revenue code of the United 84
States, as amended from time to time, other than paragraph (3) of said 85
section. 86
(b) There is established a JobsCT tax rebate program under which 87
qualified businesses that create jobs in this state, in accordance with the 88
provisions of this section, may be allowed a tax rebate, which shall be 89
treated as a credit against the tax imposed under chapter 208 or 228z of 90
the general statutes or as an offset of the tax imposed under chapter 207 91
of the general statutes. 92
(c) (1) To be eligible to claim a rebate under this section, a qualified 93
business shall apply to the commissioner in accordance with the 94
provisions of this subsection. The application shall be on a form 95
prescribed by the commissioner and may require information, 96
including, but not limited to, the number of new FTEs to be created by 97
the qualified business, the number of current FTEs employed by the 98
qualified business, feasibility studies or business plans for the increased 99
number of FTEs, projected state and local revenue that may reasonably 100
derive as a result of the increased number of FTEs and any other 101
information necessary to determine whether there will be net benefits to 102
the economy of the municipality or municipalities in which the qualified 103
business is primarily located and the state. 104
(2) Upon receipt of an application, the commissioner shall determine 105
(A) whether the qualified business making the application will be 106
reasonably able to meet the FTE hiring targets and other metrics as 107
presented in such application, (B) whether such qualified business' 108
proposed job growth would provide a net benefit to economic 109
development and employment opportunities in the state, and (C) 110
whether such qualified business' proposed job growth will exceed the 111
number of jobs at the business that existed prior to January 1, 2020. The 112 Substitute Bill No. 6440
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commissioner may require the applicant to submit additional 113
information to evaluate an application. Each qualified business making 114
an application shall satisfy the requirements of this subdivision, as 115
determined by the commissioner, to be eligible for the JobsCT tax rebate 116
program. 117
(3) The commissioner, upon consideration of an application and any 118
additional information, may approve an application in whole or in part 119
or may approve an application with amendments. If the commissioner 120
disapproves an application, the commissioner shall identify the defects 121
in such application and explain the specific reasons for the disapproval. 122
The commissioner shall render a decision on an application not later 123
than ninety days after the date of its receipt by the commissioner. 124
(4) The commissioner may approve an application in whole or in part 125
by a qualified business that creates new discretionary FTEs or may 126
approve such an application with amendments if a majority of such new 127
discretionary FTEs are individuals who (A) because of a disability, are 128
receiving or have received services from the Department of Aging and 129
Disability Services; (B) are receiving employment services from the 130
Department of Mental Health and Addiction Services or participating in 131
employment opportunities and day services, as defined in section 17a-132
226 of the general statutes, operated or funded by the Department of 133
Developmental Services; (C) have been unemployed for at least six of 134
the preceding twelve months; (D) have been conv icted of a 135
misdemeanor or felony; (E) are veterans, as defined in section 27-103 of 136
the general statutes; (F) have not earned any postsecondary credential 137
and are not currently enrolled in an postsecondary institution or 138
program; or (G) are currently enrolled in a workforce training program 139
fully or substantially paid for by the employer that results in such 140
individual earning a postsecondary credential. 141
(5) The commissioner may combine approval of an application with 142
the exercise of any of the commissioner's other powers, including, but 143
not limited to, the provision of other financial assistance. 144 Substitute Bill No. 6440
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(6) The commissioner shall enter into a contract with an approved 145
qualified business, which shall include, but need not be limited to, a 146
requirement that the qualified business consent to the Department of 147
Economic and Community Development's access of data compiled by 148
other state agencies, including, but not limited to, the Labor 149
Department, for the purposes of audit and enforcement and, if a 150
qualified business is approved by the commissioner in accordance with 151
subdivision (4) of this subsection, the required wage such business shall 152
pay new discretionary FTEs to qualify for the tax rebates provided for 153
in subsection (f) of this section. 154
(7) Upon signing a contract with an approved qualified business, the 155
commissioner shall issue a rebate allocation notice stating the maximum 156
amount of each rebate available to such business for the rebate period 157
and the specific terms that such business shall meet to qualify for each 158
rebate. Such notice shall certify to the approved qualified business that 159
the rebates may be claimed by such business if it meets the specific terms 160
set forth in the notice. 161
(d) For the purposes of this section, the FTE of a full-time job or part-162
time job is based on the hours worked or expected to be worked by an 163
employee in a calendar year. A job in which an employee worked or is 164
expected to work one thousand seven hundred fifty hours or more in a 165
calendar year equals one FTE. A job in which an employee worked or is 166
expected to work less than one thousand seven hundred fifty hours 167
equals a fraction of one FTE, where the fraction is the number of hours 168
worked in a calendar year divided by one thousand seven hundred fifty. 169
The commissioner shall have the discretion to adjust the calculation of 170
FTE. 171
(e) (1) In each calendar year of the rebate period, a qualified business 172
approved by the commissioner pursuant to subdivision (3) of subsection 173
(c) of this section that employs at least twenty-five new FTEs in this state 174
by December thirty-first of the calendar year that is two calendar years 175
prior to the calendar year in which the rebate is being claimed shall be 176
allowed a rebate equal to the greater of the following amounts: 177 Substitute Bill No. 6440
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(A) The sum of: 178
(i) The lesser of (I) the new FTEs created in an opportunity zone or 179
distressed municipality on December thirty-first of the calendar year 180
that is two calendar years prior to the calendar year in which the rebate 181
is being claimed, or (II) the new FTEs maintained in an opportunity zone 182
or distressed municipality in the previous calendar year, multiplied by 183
fifty per cent of the income tax that would be paid on the average wage 184
of the new FTEs, as determined by the applicable marginal rate set forth 185
in chapter 229 of the general statutes for an unmarried individual based 186
solely on such wages; and 187
(ii) The lesser of (I) the new FTEs created on December thirty-first of 188
the calendar year that is two calendar years prior to the calendar year in 189
which the rebate is being claimed, or (II) the new FTEs maintained in a 190
location other than an opportunity zone or distressed municipality in 191
the previous calendar year, multiplied by twenty-five per cent of the 192
income tax that would be paid on the average wage of the new FTEs, as 193
determined by the applicable marginal rate set forth in chapter 229 of 194
the general statutes for an unmarried individual based solely on such 195
wages; or 196
(B) The greater of: 197
(i) One thousand dollars multiplied by the lesser of (I) the new FTEs 198
created by December thirty-first of the calendar year that is two calendar 199
years prior to the calendar year in which the rebate is being claimed, or 200
(II) the new FTEs maintained in the calendar year immediately prior to 201
the calendar year in which the rebate is being claimed; or 202
(ii) For tax credits earned, claimed or payable prior to January 1, 2024, 203
two thousand dollars multiplied by the lesser of (I) the new FTEs created 204
by December 31, 2021, or (II) the new FTEs maintained in the calendar 205
year immediately prior to the calendar year in which the rebate is being 206
claimed. 207
(2) In no event shall the rebate under this subsection exceed in any 208 Substitute Bill No. 6440
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calendar year of the rebate period five thousand dollars multiplied by 209
the lesser of (A) the new FTEs created by December thirty-first of the 210
calendar year that is two calendar years prior to the calendar year in 211
which the rebate is being claimed, or (B) the new FTEs maintained in the 212
calendar year immediately prior to the calendar year in which the rebate 213
is being claimed. 214
(3) In no event shall an approved qualified business receive a rebate 215
under this subsection in any calendar year of the rebate period if such 216
business has not maintained at least twenty-five new FTEs in the 217
calendar year immediately prior to the calendar year in which the rebate 218
is being claimed. 219
(f) (1) In each calendar year of the rebate period, a qualified business 220
approved by the commissioner pursuant to subdivision (4) of subsection 221
(c) of this section that employs at least twenty-five new discretionary 222
FTEs in this state by December thirty-first of the calendar year that is 223
two calendar years prior to the calendar year in which the rebate is being 224
claimed shall be allowed a rebate equal to the sum of the amount 225
calculated pursuant to subdivision (1) of subsection (e) of this section 226
and the greater of the following: 227
(A) The sum of: 228
(i) The lesser of the new discretionary FTEs (I) created in an 229
opportunity zone or distressed municipality on December thirty-first of 230
the calendar year that is two calendar years prior to the calendar year in 231
which the rebate is being claimed, or (II) maintained in an opportunity 232
zone or distressed municipality in the previous calendar year, 233
multiplied by fifty per cent of the income tax that would be paid on the 234
average wage of the new discretionary FTEs, as determined by the 235
applicable marginal rate set forth in chapter 229 of the general statutes 236
for an unmarried individual based solely on such wages; and 237
(ii) The lesser of the new discretionary FTEs (I) created on December 238
thirty-first of the calendar year that is two calendar years prior to the 239 Substitute Bill No. 6440
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calendar year in which the rebate is being claimed, or (II) maintained in 240
a location other than an opportunity zone or distressed municipality in 241
the previous calendar year, multiplied by twenty-five per cent of the 242
income tax that would be paid on the average wage of the new 243
discretionary FTEs, as determined by the applicable marginal rate set 244
forth in chapter 229 of the general statutes for an unmarried individual 245
based solely on such wages; or 246
(B) The greater of: 247
(i) Seven hundred fifty dollars multiplied by the lesser of the new 248
discretionary FTEs (I) created by December thirty-first of the calendar 249
year that is two calendar years prior to the calendar year in which the 250
rebate is being claimed, or (II) maintained in the calendar year 251
immediately prior to the calendar year in which the rebate is being 252
claimed; or 253
(ii) For tax credits earned, claimed or payable prior to January 1, 2024, 254
one thousand five hundred dollars multiplied by the lesser of (I) the new 255
FTEs created by December 31, 2021, or (II) the new FTEs maintained in 256
the calendar year immediately prior to the calendar year in which the 257
rebate is being claimed. 258
(2) In no event shall the rebate under this section exceed in any 259
calendar year of the rebate period five thousand dollars multiplied by 260
the lesser of the new discretionary FTEs (A) created by December thirty-261
first of the calendar year that is two calendar years prior to the calendar 262
year in which the rebate is being claimed, or (B) maintained in the 263
calendar year immediately prior to the calendar year in which the rebate 264
is being claimed. 265
(3) In no event shall an approved qualified business receive a rebate 266
under this subsection in any calendar year of the rebate period if such 267
business has not maintained at least twenty-five new discretionary FTEs 268
in the calendar year immediately prior to the calendar year in which the 269
rebate is being claimed. 270 Substitute Bill No. 6440
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(g) (1) Notwithstanding the provisions of subdivisions (3) and (4) of 271
subsection (c) of this section, the commissioner may not approve an 272
application in whole or in part if the full amount of rebates that such 273
applicant may be paid pursuant to subsection (e) or (f) of this section 274
would result in the aggregate amount of rebates issued to all approved 275
qualified businesses under this section exceeding forty million dollars 276
in any fiscal year. 277
(2) Notwithstanding the provisions of subdivision (4) of subsection 278
(c) of this section, the commissioner may not approve an application in 279
whole or in part if the full amount of rebates that such applicant may be 280
paid pursuant to subsection (f) of this section would result in the 281
aggregate amount of rebates issued pursuant to subsection (f) of this 282
section exceeding ten million dollars in any fiscal year. 283
(h) (1) A rebate under this section may be granted to an approved 284
qualified business for not more than seven successive calendar years. A 285
rebate shall not be granted until at least twenty-four months after the 286
commissioner's approval of a qualified business' application. 287
(2) An approved qualified business that has fewer than twenty-five 288
new FTEs created in each of two consecutive calendar years or, if such 289
business is approved by the commissioner pursuant to subdivision (4) 290
of subsection (c) of this section, fewer than twenty-five new 291
discretionary FTEs in each of two consecutive calendar years shall 292
forfeit all remaining rebate allocations, unless the commissioner 293
recognizes mitigating circumstances of a regional or national nature, 294
including, but not limited to, a recession. 295
(i) Not later than January thirty-first of each year during the rebate 296
period, each approved qualified business shall provide information to 297
the commissioner regarding the number of new FTEs or new 298
discretionary FTEs created or maintained during the prior calendar year 299
and the qualified wages of such new employees. Any information 300
provided under this subsection shall be subject to audit by the 301
Department of Economic and Community Development. 302 Substitute Bill No. 6440
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(j) Not later than March fifteenth of each year during the rebate 303
period, the Department of Economic and Community Development 304
shall issue the approved qualified business a rebate voucher that sets 305
forth the amount of the rebate, as calculated pursuant to subsections (e) 306
and (f) of this section, and the taxable year against which such rebate 307
may be claimed. The approved qualified business shall claim such 308
rebate as a credit against the taxes due under chapter 208 or 228z of the 309
general statutes or as an offset of the tax imposed under chapter 207 of 310
the general statutes. The commissioner shall annually provide to the 311
Commissioner of Revenue Services a report detailing all rebate vouchers 312
that have been issued under this section. 313
(k) Beginning on January 1, 2023, and annually thereafter, the 314
commissioner, in consultation with the office of the State Comptroller 315
and the Auditors of Public Accounts, shall submit a report to the Office 316
of Policy and Management on the expenses of the JobsCT tax rebate 317
program and the number of FTEs and discretionary FTEs created and 318
maintained. 319
Sec. 2. (NEW) (Effective July 1, 2021, and applicable to taxable years 320
commencing on or after January 1, 2022) As used in this section, "affected 321
business entity" and "member" have the same meanings as provided in 322
subsection (a) of section 12-699 of the general statutes. An affected 323
business entity that receives a rebate under section 1 of this act shall 324
claim such rebate as a credit against the tax due under chapter 228z of 325
the general statutes. If the amount of the rebate allowed pursuant to 326
section 1 of this act exceeds the liability for the tax imposed under 327
chapter 228z of the general statutes, the Commissioner of Revenue 328
Services shall treat such excess as an overpayment and shall refund the 329
amount of such excess, without interest, to the taxpayer. With respect to 330
an affected business entity granted a rebate pursuant to section 1 of this 331
act, the credit available to the members of such entity pursuant to 332
subdivision (1) of subsection (g) of section 12-699 of the general statutes 333
shall be based upon the amount of tax due under chapter 228z of the 334
general statutes from such entity prior to the application of the rebate 335 Substitute Bill No. 6440
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granted pursuant to section 1 of this act and any other payments made 336
against such tax due. 337
Sec. 3. Subsection (b) of section 12-211a of the general statutes is 338
repealed and the following is substituted in lieu thereof (Effective July 1, 339
2021, and applicable to taxable years commencing on or after January 1, 2022): 340
[(b) (1) For a calendar year commencing on or after January 1, 2011, 341
and prior to January 1, 2013, the amount of tax credit or credits 342
otherwise allowable against the tax imposed under this chapter for such 343
calendar year may exceed the amount specified in subsection (a) of this 344
section only by the amount computed under subparagraph (A) of 345
subdivision (2) of this subsection, provided in no event may the amount 346
of tax credit or credits otherwise allowable against the tax imposed 347
under this chapter for such calendar year exceed one hundred per cent 348
of the amount of tax due from such taxpayer under this chapter with 349
respect to such calendar year of the taxpayer prior to the application of 350
such credit or credits. 351
(2) (A) The taxpayer's average monthly net employee gain for a 352
calendar year shall be multiplied by six thousand dollars. 353
(B) The taxpayer's average monthly net employee gain for a calendar 354
year shall be computed as follows: For each month in the calendar year, 355
the taxpayer shall subtract from the number of its employees in this state 356
on the last day of such month the number of its employees in this state 357
on the first day of the calendar year. The taxpayer shall total the 358
differences for the twelve months in the calendar year, and such total, 359
when divided by twelve, shall be the taxpayer's average monthly net 360
employee gain for the calendar year. For purposes of this computation, 361
only employees who are required to work at least thirty-five hours per 362
week and only employees who were not employed in this state by a 363
related person, as defined in section 12-217ii, within the twelve months 364
prior to the first day of the calendar year may be taken into account in 365
computing the number of employees. 366 Substitute Bill No. 6440
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(C) If the taxpayer's average monthly net employee gain is zero or 367
less than zero, the taxpayer may not exceed the amount specified in 368
subsection (a) of this section.] 369
(b) The amount of the rebate computed under section 1 of this act 370
shall be treated as an offset of the tax due under chapter 207 and may 371
exceed the amount specified in subsection (a) of this section. If the 372
amount of the rebate allowed pursuant to section 1 of this act exceeds 373
the taxpayer's liability for the tax imposed under this chapter, the 374
commissioner shall treat such excess as an overpayment and shall 375
refund the amount of such excess, without interest, to the taxpayer. 376
Sec. 4. Subsection (b) of section 12-217zz of the general statutes is 377
repealed and the following is substituted in lieu thereof (Effective July 1, 378
2021, and applicable to taxable years commencing on or after January 1, 2022): 379
[(b) (1) For an income year commencing on or after January 1, 2011, 380
and prior to January 1, 2013, the amount of tax credit or credits 381
otherwise allowable against the tax imposed under this chapter for such 382
income year may exceed the amount specified in subsection (a) of this 383
section only by the amount computed under subparagraph (A) of 384
subdivision (2) of this subsection, provided in no event may the amount 385
of tax credit or credits otherwise allowable against the tax imposed 386
under this chapter for such income year exceed one hundred per cent of 387
the amount of tax due from such taxpayer under this chapter with 388
respect to such income year of the taxpayer prior to the application of 389
such credit or credits. 390
(2) (A) The taxpayer's average monthly net employee gain for an 391
income year shall be multiplied by six thousand dollars. 392
(B) The taxpayer's average monthly net employee gain for an income 393
year shall be computed as follows: For each month in the taxpayer's 394
income year, the taxpayer shall subtract from the number of its 395
employees in this state on the last day of such month the number of its 396
employees in this state on the first day of its income year. The taxpayer 397 Substitute Bill No. 6440
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shall total the differences for the twelve months in such income year, 398
and such total, when divided by twelve, shall be the taxpayer's average 399
monthly net employee gain for the income year. For purposes of this 400
computation, only employees who are required to work at least thirty-401
five hours per week and only employees who were not employed in this 402
state by a related person, as defined in section 12-217ii, within the twelve 403
months prior to the first day of the income year may be taken into 404
account in computing the number of employees. 405
(C) If the taxpayer's average monthly net employee gain is zero or 406
less than zero, the taxpayer may not exceed the seventy per cent limit 407
imposed under subsection (a) of this section.] 408
(b) The amount of the rebate computed under section 1 of this act 409
shall be treated as a credit and may exceed the amount specified in 410
subsection (a) of this section. If the amount of the rebate allowed 411
pursuant to section 1 of this act exceeds the taxpayer's liability for the 412
tax imposed under this chapter, the commissioner shall treat such excess 413
as an overpayment and shall refund the amount of such excess, without 414
interest, to the taxpayer. 415
Sec. 5. Section 12-217aa of the general statutes is repealed and the 416
following is substituted in lieu thereof (Effective July 1, 2021, and 417
applicable to income years beginning on or after January 1, 2022): 418
(a) Except as otherwise provided in section 12-217t and subsection (c) 419
of this section, whenever a company is eligible to claim more than one 420
corporation business tax credit, the credits shall be claimed for the 421
income year in the following order: (1) Any credit that may be carried 422
backward to a preceding income year or years shall first be claimed (A) 423
with any credit carry-back that will expire first being claimed before any 424
credit carry-back that will expire later or will not expire at all, and (B) if 425
the credit carry-backs will expire at the same time, in the order in which 426
the company may receive the maximum benefit; (2) any credit that may 427
not be carried backward to a preceding income year or years and that 428
may not be carried forward to a succeeding income year or years shall 429 Substitute Bill No. 6440
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next be claimed, in the order in which the company may receive the 430
maximum benefit; and (3) any credit that may be carried forward to a 431
succeeding income year or years shall next be claimed (A) with any 432
credit carry-forward that will expire first being claimed before any 433
credit carry-forward that will expire later or will not expire at all, and 434
(B) if the credit carry-forwards will expire at the same time, in the order 435
in which the company may receive the maximum benefit. 436
(b) In no event shall any credit be claimed more than once. 437
(c) The rebate allowed pursuant to section 1 of this act shall be 438
claimed after all other credits have been claimed. 439
Sec. 6. (NEW) (Effective July 1, 2021) (a) As used in this section: 440
(1) "Dislocated worker" means an individual who: 441
(A) (i) Has been terminated or laid off, or has received a notice of 442
termination or layoff, from employment; (ii) is eligible for or has 443
exhausted entitlement to unemployment compensation or has been 444
employed for a duration sufficient to demonstrate, to the appropriate 445
entity at a one-stop center referred to in Section 134(c) of the federal 446
Workforce Innovation and Opportunity Act of 2014, P.L. 113-128, as 447
amended from time to time, attachment to the workforce, but is not 448
eligible for unemployment compensation due to insufficient earnings or 449
having performed services for an employer that were not covered under 450
chapter 567 of the general statutes; or (iii) is unlikely to return to a 451
previous industry or occupation; 452
(B) (i) Has been terminated or laid off, or has received a notice of 453
termination or layoff, from employment as a result of any permanent 454
closure of, or any substantial layoff at, a plant, facility or enterprise; (ii) 455
is employed at a facility at which the employer has made a general 456
announcement that such facility will close within one hundred eighty 457
days; or (iii) for purposes of eligibility to receive services, other than 458
training services described in subdivision (14) of subsection (b) of 459
section 31-11p of the general statutes, as amended by this act, intensive 460 Substitute Bill No. 6440
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services described in subdivision (13) of subsection (b) of said section, 461
or supportive services, is employed at a facility at which the employer 462
has made a general announcement that such facility will close; 463
(C) Was self-employed, including employment as a farmer, rancher 464
or fisherman, but is unemployed as a result of general economic 465
conditions in the community in which the individual resides or because 466
of natural disasters; or 467
(D) Is a displaced homemaker; 468
(2) "Displaced homemaker" means an individual who has been 469
providing unpaid services to family members in the home and who (A) 470
has been dependent on the income of another family member, but is no 471
longer supported by that income; and (B) is unemployed or 472
underemployed and is experiencing difficulty in obtaining or 473
upgrading employment; 474
(3) "Economic development financial assistance" means any grant, 475
loan or loan guarantee, or combination thereof, or any tax credits 476
approved pursuant to chapter 578 of the general statutes, provided to a 477
business for the purpose of economic development; 478
(4) "Low-income individual" means an individual whose family 479
income is less than three hundred per cent of the federal poverty level 480
for the prior calendar year; 481
(5) "Nontraditional employment" means occupations or fields of 482
work for which individuals from one gender comprise less than twenty-483
five per cent of the individuals employed in each such occupation or 484
field of work; and 485
(6) "Veteran" means any person who is a member of, was honorably 486
discharged from or released under honorable conditions from active 487
service in the armed forces, as defined in section 27-103 of the general 488
statutes. 489 Substitute Bill No. 6440
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(b) Notwithstanding any provision of the general statutes, the 490
Commissioner of Economic and Community Development shall give 491
priority to applicants for economic development financial assistance 492
who demonstrate a willingness, as determined by the commissioner, to 493
make jobs available to unemployed individuals, low -income 494
individuals, dislocated workers, individuals training for nontraditional 495
employment, veterans and individuals with disabilities to the extent 496
consistent with any state or regional economic development strategy. 497
This act shall take effect as follows and shall amend the following
sections:
Section 1 July 1, 2021, and
applicable to taxable years
commencing on or after
January 1, 2022
New section
Sec. 2 July 1, 2021, and
applicable to taxable years
commencing on or after
January 1, 2022
New section
Sec. 3 July 1, 2021, and
applicable to taxable years
commencing on or after
January 1, 2022
12-211a(b)
Sec. 4 July 1, 2021, and
applicable to taxable years
commencing on or after
January 1, 2022
12-217zz(b)
Sec. 5 July 1, 2021, and
applicable to income years
beginning on or after
January 1, 2022
12-217aa
Sec. 6 July 1, 2021 New section
CE Joint Favorable Subst.