summary
Introduced
01/08/2025
01/08/2025
In Committee
01/08/2025
01/08/2025
Crossed Over
Passed
Dead
06/04/2025
06/04/2025
Introduced Session
2025 General Assembly
Bill Summary
To provide for certain tax credits for dairy farmers in the state.
AI Summary
This bill proposes to establish a dairy farmer tax credit program in Connecticut that would be modeled after the Massachusetts Dairy Farmer Tax Credit Program. The bill aims to provide financial support to dairy farmers in the state through a tax credit mechanism, which would allow eligible dairy farmers to reduce their tax liability. While the specific details of the tax credit are not elaborated in the provided text, such programs typically help offset the economic challenges faced by dairy farmers, such as rising production costs and volatile milk prices. By adopting a model similar to Massachusetts, Connecticut appears to be seeking to support its local dairy farming industry and help farmers maintain economic sustainability.
Committee Categories
Agriculture and Natural Resources, Budget and Finance
Sponsors (4)
Last Action
Change of Reference, House to Committee on Finance, Revenue and Bonding (on 01/27/2025)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.cga.ct.gov/asp/cgabillstatus/cgabillstatus.asp?selBillType=Bill&bill_num=SB00070&which_year=2025 |
| BillText | https://www.cga.ct.gov/2025/TOB/S/PDF/2025SB-00070-R00-SB.PDF |
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