CT SB01055 | 2017 | General Assembly
Status
Spectrum: Committee Bill
Status: Introduced on April 20 2017 - 25% progression, died in committee
Action: 2017-04-21 - Public Hearing 04/25
Pending: Joint Finance, Revenue and Bonding Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on April 20 2017 - 25% progression, died in committee
Action: 2017-04-21 - Public Hearing 04/25
Pending: Joint Finance, Revenue and Bonding Committee
Text: Latest bill text (Introduced) [HTML]
Summary
To (1) establish additional methods for businesses to exchange certain stranded tax credits by investing in capital projects in the state, in technical education initiatives or in the business's corporate venture fund, (2) allow the film production tax credit to be claimed against the sales and use taxes, for a fee to fund technical education initiatives, and (3) allow the estate of a decedent who dies on or after January 1, 2021, to reduce the estate tax liability for certain amounts invested pursuant to a tax credit auction.
Title
An Act Concerning Stranded Tax Credits And Strategic Economic Development.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2017-04-21 | Senate | Public Hearing 04/25 |
| 2017-04-20 | 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=SB01055&which_year=2017 |
| Text | http://www.cga.ct.gov/2017/TOB/s/2017SB-01055-R00-SB.htm |
