summary
Introduced
02/06/2026
02/06/2026
In Committee
02/06/2026
02/06/2026
Crossed Over
Passed
Dead
Introduced Session
2026 General Assembly
Bill Summary
To increase the maximum amount of the corporation business tax credit for wages paid to apprentices in the construction trades from four thousand dollars to seven thousand five hundred dollars per apprentice.
AI Summary
This bill amends an existing law concerning a tax credit for businesses that employ apprentices in the construction trades. Specifically, it increases the maximum amount a corporation can claim as a tax credit for wages paid to each apprentice from $4,000 to $7,500. This corporation business tax credit is a reduction in the amount of taxes a company owes to the state, and this change aims to provide a greater financial incentive for businesses to hire and train apprentices in these skilled trades.
Committee Categories
Budget and Finance
Sponsors (6)
Tim Ackert (R)*,
Mark Anderson (R),
Jill Barry (D),
Tom Delnicki (R),
Craig Fishbein (R),
Nicole Klarides-Ditria (R),
Last Action
Finance, Revenue and Bonding Public Hearing (00:00:00 2/27/2026 ) (on 02/27/2026)
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=HB05060&which_year=2026 |
| BillText | https://www.cga.ct.gov/2026/TOB/H/PDF/2026HB-05060-R00-HB.PDF |
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