Urban and Industrial Sites Reinvestment Tax Credit Program (Connecticut)
Last modified on February 12, 2015.
|Name||Urban and Industrial Sites Reinvestment Tax Credit Program (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|
|Implementing Sector|| State/Province
|Program Administrator||Connecticut Department of Economic and Community Development|
|Primary Website|| http://www.cga.ct.gov/2000/act/pa/2000PA-00170-R00SB-00523-PA.htm
|Last Review|| 2014-09-15
The Urban and Industrial Sites Reinvestment Tax Credit Program provides up to $100 million in tax credits over a ten-year period to support projects that create jobs and capital investment in under-served areas. An Urban Site Investment Project is eligible if it creates significant economic activity and if it is located in a designated community. Eligible Industrial Site Investment Projects must have made an investment in or improvement to real property that has been subject to environmental contamination.
|Contact Name||Robert Rigney|
|Department||Department of Economic and Community Development|
|Division|| Office of Business and Industry Development
|Phone|| (860) 270-8110