Job Expansion Tax Credit (Connecticut)

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Last modified on February 12, 2015.

EZFeed Policy

Place Connecticut


   
Applies to States or Provinces 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 2014-09-15



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 and Community Development
Division Office of Business and Industry Development 




Phone (860) 270-8073      


Email lindylee.gold@ct.gov 

     
     


















References