The Connecticut Business & Industry Association is the voice of business in Connecticut, with thousands of member companies championing change at the State Capitol, shaping debate about economic competitiveness, and fighting for a better future for all.
Specifies that out-of-state businesses and out-of-state employees with no connection to the state, other than performing disaster-related or emergency-related work in the state, shall not be deemed to have established presence or residency in the state by virtue of performing such work.
Allows affected business entities to claim a credit against the personal income tax through participation in the R.E. Van Norstrand Neighborhood Assistance Act.
Authorizes the Capital Region Development Authority to establish a Hartford Convention and Visitors Bureau.
Specifies investment requirements for Invest CT funds to be eligible for certification by the Commissioner of Economic and Community Development and increases the aggregate amount of tax credits allowed under the program.
Requires the Commissioner of Revenue Services to study the tax policies of the state.