Proposed S.B. No. 120
Session Year 2025
 


AN ACT CONCERNING THE FIXED CAPITAL TAX CREDIT.

To increase the amount of the fixed capital tax credit to twenty-five per cent and expand the definition of "fixed capital" to include nonresidential buildings and structures, and certain construction costs and improvements to land in areas zoned for industrial or agricultural use.

Introduced by:
Sen. Paul Cicarella, 34th Dist.

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Bill History

 Date Action Taken
 1/8/2025Referred to Joint Committee on Finance, Revenue and Bonding

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