LCO No. 2040 1 of 1
General Assembly Proposed Bill No. 710
January Session, 2021
LCO No. 2040
Referred to Committee on COMMERCE
Introduced by:
SEN. KELLY, 21st Dist.
SEN. FORMICA, 20th Dist.
AN ACT CREATING INCENTIVES FOR DEFENSE CONTRACTORS TO
CREATE JOBS.
Be it enacted by the Senate and House of Representatives in General
Assembly convened:
That the general statutes be amended to require the Department of 1
Economic and Community Development to establish a program to 2
provide incentives, including, but not limited to, sales tax exemptions 3
and research and development tax credits to defense contractors and 4
subcontractors that are headquartered in the state and make long-term 5
commitments to maintain and grow jobs in the state. 6
Statement of Purpose:
To establish a program to provide incentives to defense contractors and
subcontractors that are headquartered in the state and make long-term
commitments to maintain and grow jobs in the state.