Job Expansion Tax Credit (Connecticut)

From Open Energy Information

Revision as of 15:08, 2 July 2013 by Vstori (talk | contribs)$7


Last modified on July 2, 2013.

EZFeed Policy

Place Connecticut



Name Job Expansion Tax Credit (Connecticut)
Policy Category Financial Incentive
Policy Type Corporate Tax Incentive
Affected Technologies Biomass/Biogas, Coal with CCS, Concentrating Solar Power, Energy Storage, Fuel Cells, Geothermal Electric, Hydroelectric, Hydroelectric (Small), Natural Gas, Nuclear, Solar Photovoltaics, Tidal Energy, Wave Energy, Wind energy
Active Policy Yes
Implementing Sector State/Province














Program Administrator Connecticut Department of Economic and Community Development
Primary Website http://www.ct.gov/ecd/cwp/view.asp?a=3931&q=462618&ecdNav=


Last Review 7/2/13



Summary

The Job Expansion Tax Credit allows eligible businesses to receive tax credits for each new full-time position created. Up to $500 per month per employee is available for up to three years. The credit can be applies against a variety of taxes. Businesses must hire a pre-determined number of employees per company size threshold to qualify for the credits.


Policy Contact

Contact Name Lindy Lee Gold
Department Department of Economic & Community Development
Division Office of Business & Industry Development 



Phone (860) 270-8073      


Email lindylee.gold@ct.gov 


















References