LCO No. 2727 1 of 1
General Assembly Proposed Bill No. 6547
January Session, 2025
LCO No. 2727
Referred to Committee on PLANNING AND DEVELOPMENT
Introduced by:
REP. DUBITSKY, 47th Dist.
AN ACT ESTABLISHING A FARM INVESTMENT PROPERTY TAX
CREDIT.
Be it enacted by the Senate and House of Representatives in General
Assembly convened:
That title 12 of the general statutes be amended to establish a property 1
tax credit in the amount of twenty per cent of qualified investment 2
expenditures made by eligible farmers for property such as machinery, 3
equipment and buildings used for agricultural production. 4
Statement of Purpose:
To establish a property tax credit in the amount of twenty per cent of
qualified investment expenditures made by eligible farmers for
property such as machinery, equipment and buildings used for
agricultural production.