An Act Establishing A Tax Credit For Qualified Operators And A Working Group To Examine Market-based Sourcing For Certain Investment Assets Income And Concerning The Angel Investor Tax Credit And The Definitions For Certain Tax Credits.

From the Legislature

To (1) establish a tax credit for qualified operators that have entered into certain agreements, (2) establish a working group to examine the state's application of market-based sourcing to income from investment assets for financial institutions, (3) revise certain requirements for the angel investor tax credit, (4) update the definition of "research and experimental expenditures" in section 12-217j of the general statutes to account for changes made at the federal level, and (5) revise the definition of "eligible farmer" for purposes of the tax credit for farm investment property.