SB00074

An Act Establishing A Tax Credit For Dairy Farmers.

Introduced·2/4/26
Sb Text

Connecticut SB00074 establishes a $20 million tax credit for dairy farmers to offset cyclical downturns in milk prices.

Connecticut SB00074 amends the general statutes to create a tax credit totaling $20 million for dairy farmers. This tax credit aims to help dairy farmers during periods when milk prices experience cyclical downturns. The credit is designed to provide financial relief to those affected by the fluctuations in milk prices.

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  • Overview
  • Core Provisions
  • Implementation
  • Impact
  • Legal Framework
  • Critical Issues

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Where it stands

Current
Finance, Revenue and Bonding Committee
Next
Committee decision

Sponsors

D
1
6
RRRRRR
Democratic CaucusRepublican Caucus

History

Feb 4

Senate

Referred to Joint Committee on Finance, Revenue and Bonding