Urban and Industrial Sites Reinvestment Tax Credit Program (Connecticut)

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Last modified on February 12, 2015.

EZFeed Policy

Place Connecticut


   

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
Active Policy Yes

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


Information Source http://www.ct.gov/ecd/cwp/view.asp?A=3690&Q=249842


Summary

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.



Policy Contact

Contact Name Robert Rigney
Department Department of Economic and Community Development
Division Office of Business and Industry Development 




Phone (860) 270-8110       


Email robert.rigney@po.state.ct.us

     
     


















References