Bill Text: CT HB05040 | 2013 | General Assembly | Introduced
Bill Title: An Act Expanding Allowable Investments For Angel Investment Credits.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2013-02-15 - Change of Reference, Senate to Committee on Commerce [HB05040 Detail]
Download: Connecticut-2013-HB05040-Introduced.html
General Assembly |
Proposed Bill No. 5040 |
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January Session, 2013 |
LCO No. 219 | ||||
Referred to Committee on FINANCE, REVENUE AND BONDING |
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Introduced by: |
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REP. SRINIVASAN, 31st Dist. |
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AN ACT EXPANDING ALLOWABLE INVESTMENTS FOR ANGEL INVESTMENT CREDITS.
Be it enacted by the Senate and House of Representatives in General Assembly convened:
That section 12-704d of the general statutes be amended to allow angel investor tax credits for investments in any type of business, rather than the current limit to technology-based businesses.
Statement of Purpose:
To encourage angel investors to help the growth of business in Connecticut.