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HB 5571

Connecticut House bill in Session 2026.

Status: in_committee. Latest action: April 20, 2026.

AN ACT ESTABLISHING A TAX CREDIT FOR QUALIFIED OPERATORS AND A WORKING GROUP TO EXAMINE MARKET-BASED SOURCING FOR CERTAIN INVESTMENT ASSETS INCOME AND CONCERNING THE ANGEL INVESTOR TAX CREDIT AND THE DEFINITIONS FOR CERTAIN TAX CREDITS.

Bill ID CT-2026-HB-5571
Session 2026
Status in_committee
Committee Finance, Revenue and Bonding Committee
House in_committee 2026-04-20
Agriculture Tax / Budget / Appropriations
Summary

To (1) establish a tax credit for qualified operators that have entered into certain agreements, (2) establish a working group to examine the state's application of market-based sourcing to income from investment assets for financial institutions, (3) revise certain requirements for the angel investor tax credit, (4) update the definition of "research and experimental expenditures"" in section 12-217j of the general statutes to account for changes made at the federal level, and (5) revise the definition of ""eligible farmer"" for purposes of the tax credit for farm investment property."

Sponsor
Finance, Revenue and Bonding Committee
Official Source Back to Bills
Actions Timeline
Date Event Detail
2026-03-19 Introduced Bill introduced
2026-04-20 Status in_committee
2026-04-20 Latest Action FILE NO.
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