Bill > HB06807

This bill aims to support small and start-up businesses in Windham County and other low-income counties in Connecticut by reducing their state tax burden and directing a portion of sales tax revenue to these businesses. The proposed legislation seeks to encourage business development and retention in economically challenged regions of the state by providing targeted tax benefits. By offering financial relief and incentives to small and emerging businesses in these areas, the bill intends to stimulate local economic growth, create job opportunities, and help address economic disparities between different counties. The bill represents an economic development strategy focused on supporting entrepreneurship and helping businesses establish and maintain a presence in areas that may have historically struggled with economic challenges.

Budget and Finance

https://www.cga.ct.gov/asp/cgabillstatus/cgabillstatus.asp?selBillType=Bill&bill_num=HB06807&which_year=2025