Substitute for Raised H.B. No. 5571
Session Year 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.

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.

Introduced by:
Finance, Revenue and Bonding Committee

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Co-sponsors for Amendment LCO:

Bill History

 Date Action Taken
 4/20/2026(LCO)File Number 686
 4/20/2026House Calendar Number 472
 4/20/2026Favorable Report, Tabled for the Calendar, House
 4/20/2026(LCO)Reported Out of Legislative Commissioners' Office
 4/13/2026(LCO)Referred to Office of Legislative Research and Office of Fiscal Analysis 04/20/26 12:00 PM
 4/1/2026(LCO)Filed with Legislative Commissioners' Office
 3/31/2026(FIN)Joint Favorable
 3/23/2026Public Hearing 03/27
 3/20/2026Referred to Joint Committee on Finance, Revenue and Bonding

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