CT SB00120 | 2025 | General Assembly
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 8 2025 - 25% progression
Action: 2025-01-08 - Referred to Joint Committee on Finance, Revenue and Bonding
Pending: Joint Finance, Revenue and Bonding Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 8 2025 - 25% progression
Action: 2025-01-08 - Referred to Joint Committee on Finance, Revenue and Bonding
Pending: Joint Finance, Revenue and Bonding Committee
Text: Latest bill text (Introduced) [PDF]
Summary
To increase the amount of the fixed capital tax credit to twenty-five per cent and expand the definition of "fixed capital" to include nonresidential buildings and structures, and certain construction costs and improvements to land in areas zoned for industrial or agricultural use.
Title
An Act Concerning The Fixed Capital Tax Credit.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2025-01-08 | Senate | Referred to Joint Committee on Finance, Revenue and Bonding |
Connecticut State Sources
| Type | Source |
|---|---|
| Summary | https://www.cga.ct.gov/asp/cgabillstatus/cgabillstatus.asp?selBillType=Bill&bill_num=SB00120&which_year=2025 |
| Text | https://www.cga.ct.gov/2025/TOB/S/PDF/2025SB-00120-R00-SB.PDF |
