Bill Text: CT SB00586 | 2015 | General Assembly | Introduced


Bill Title: An Act Increasing The Annual Cap On The Neighborhood Assistance Act Tax Credit Program.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2015-01-22 - Referred to Joint Committee on Finance, Revenue and Bonding [SB00586 Detail]

Download: Connecticut-2015-SB00586-Introduced.html

General Assembly

 

Proposed Bill No. 586

 

January Session, 2015

 

LCO No. 2018

 

*02018*

Referred to Committee on FINANCE, REVENUE AND BONDING

 

Introduced by:

 

SEN. MCLACHLAN, 24th Dist.

 

AN ACT INCREASING THE ANNUAL CAP ON THE NEIGHBORHOOD ASSISTANCE ACT TAX CREDIT PROGRAM.

Be it enacted by the Senate and House of Representatives in General Assembly convened:

That the general statutes be amended to increase the total amount of all tax credits allowed under the Neighborhood Assistance Act in any fiscal year from five million dollars to ten million dollars.

Statement of Purpose:

To raise the annual cap on the Neighborhood Assistance Act from five million dollars to ten million dollars.

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