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HB05571Introduced in the House

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.

Introduced

Introduced by Finance, Revenue and Bonding Committee

What does this bill do?

Plain-English breakdown

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Official description

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.

Where it stands

File Number 686

April 20, 2026

How did lawmakers vote?

Chamber not recordedStage: FIN Vote Tally Sheet (Joint Favorable) · March 31, 2026

47

Yes

7

No

0

Absent or Not Voting

54 senators recorded in this Chamber not recorded vote. Colors show vote categories only, not whether a vote was good or bad.

What do people think?

Citizen Voice

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See how each senator voted

Bill history

  1. Referred to Joint Committee on Finance, Revenue and Bonding

  2. Public Hearing 03/27

  3. Joint Favorable

  4. Filed with Legislative Commissioners' Office

  5. Referred to Office of Legislative Research and Office of Fiscal Analysis 04/20/26 12:00 PM

  6. Reported Out of Legislative Commissioners' Office

  7. Favorable Report, Tabled for the Calendar, House

  8. House Calendar Number 472

  9. File Number 686

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