Connecticut 2025 Regular Session

Connecticut House Bill HB05147 Compare Versions

Only one version of the bill is available at this time.
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33 LCO No. 1207 1 of 1
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55 General Assembly Proposed Bill No. 5147
66 January Session, 2025
77 LCO No. 1207
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1010 Referred to Committee on FINANCE, REVENUE AND
1111 BONDING
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1414 Introduced by:
1515 REP. YACCARINO, 87th Dist.
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1919 AN ACT CONCERNING THE CAP ON RESEARCH AND
2020 DEVELOPMENT TAX CREDITS.
2121 Be it enacted by the Senate and House of Representatives in General
2222 Assembly convened:
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2424 That title 12 of the general statutes be amended to increase the 1
2525 amount of research and development tax credits a taxpayer may utilize 2
2626 in an income year. 3
2727 Statement of Purpose:
2828 To increase the amount of research and development tax credits a
2929 taxpayer may utilize in an income year.