Substitute for Raised S.B. No. 1026
Session Year 2019


To (1) eliminate the capital base tax for companies with less than five hundred thousand dollars of net income in an income year; (2) eliminate the cap on the aggregate amount of tax credits and excess tax credits allowable to businesses subject to the corporation business tax; (3) require the Commissioner of Economic and Community Development to implement the development, research and economic assistance matching grant program; (4) require Connecticut Innovations, Incorporated to contract with an advertising agency to develop a marketing plan, social media campaign, and Internet web site to promote the state as a bioscience hub; and (5) establish the position of biotechnology ambassador within the Department of Economic and Community Development.

Introduced by:
Commerce Committee

 New today  2-4 days old  5 days & older
  Add Notes via cookie to SB-1026

Add Notes to SB-1026

*NOTE: Add to My Bills and Add Notes are cookie-based functions. If device cookies are cleaned, this information will be lost.

*NOTE: Add to My Bills and Add Notes are cookie-based functions. Browser must accept cookies from to function. If browser cookies are cleaned, bills will be lost.

Co-sponsors for Amendment LCO:

Bill History

 Date Action Taken
 5/17/2019House Calendar Number 618
 5/17/2019Favorable Report, Tabled for the Calendar, House
 5/16/2019On Consent Calendar
 5/16/2019Senate Passed as Amended by Senate Amendment Schedule A
 5/16/2019Senate Adopted Senate Amendment Schedule A 8892
 4/3/2019(LCO)File Number 382
 4/3/2019Senate Calendar Number 182
 4/3/2019Favorable Report, Tabled for the Calendar, Senate
 4/3/2019(LCO)Reported Out of Legislative Commissioners' Office
 3/28/2019(LCO)Referred to Office of Legislative Research and Office of Fiscal Analysis 04/02/19 5:00 PM
 3/19/2019(LCO)Filed with Legislative Commissioners' Office
 3/19/2019(CE)Joint Favorable Substitute
 3/8/2019Public Hearing 03/12
 3/7/2019Referred to Joint Committee on Commerce

Co-sponsors of SB-1026

NOTE: Please direct all inquiries regarding the status of bills to the Office of the House Clerk and/or Senate Clerks' Office.