Bill Tracker
Keep pace with the latest legislative developments. Easily search bills that impact your business, from taxes and state spending to the environment and labor.
HB 7268 an act concerning the jobsct tax rebate program
Reduces the number of new full-time equivalents required under the JobsCT tax rebate program for a qualified small business with seventy-five or fewer employees.
HB 7269 an act establishing a personal income tax deduction for a portion of the rent paid by certain taxpayers for a primary residence in the state
Establishes a personal income tax deduction for a portion of the rent paid for a primary residence in the state by taxpayers who meet certain income thresholds.
HB 7270 an act concerning requirements for certain tax appeals, the disaggregation of certain tax sourcing information, the amortizable bond premium subtraction for purposes of the personal income tax and the application of valuation allowance for certain combined group reporting
Establishes requirements for filing certain tax protests, requires the Commissioner of Revenue Services to provide certain disaggregated tax sourcing information; eliminates the requirement that the amortizable bond premium subtraction for purposes of calculating Connecticut adjustable gross income be attributable to a trade or business of the taxpayer, and revises certain dates with respect to the application of the valuation allowance under section 12-218h of the general statutes.
HB 7272 an act concerning the indexing of personal income tax thresholds and personal exemption amounts, the establishment of a child tax credit and the deduction and withholding of personal income tax from certain payments and distributions
Requires personal income tax thresholds and personal exemption amounts to be indexed for inflation, establishes a child tax credit against the personal income tax, and specifies the rate an individual may request to be withheld from certain payments and distributions and redefine "lump sum payment" for purposes of such withholding.
HB 7273 an act imposing a tax on certain sweetened beverages, syrups and powders and dedicating the revenue generated to a universal free school meals program
Creates a working group to study ways to fund a program to provide public school students with free breakfasts and lunches and report its findings and recommendations to the legislature by January 1, 2026.
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CBIA IS FIGHTING TO MAKE CONNECTICUT A TOP STATE FOR BUSINESS, JOBS, AND ECONOMIC GROWTH. A BETTER BUSINESS CLIMATE MEANS A BRIGHTER FUTURE FOR EVERYONE.