The following proposed bills before the Connecticut General Assembly will be of interest to CURE members:
Proposed H.B. No. 6746 REP. YACCARINO, 87th DIST. ‘AN ACT ESTABLISHING A BIOTECHNOLOGY AND BIOSCIENCE INVESTMENT TAX CREDIT PROGRAM’, to increase investment in and expansion of biotechnology and bioscience companies in Connecticut.
Proposed H.B. No. 6759 REP. FISHBEIN, 90th DIST. ‘AN ACT CONCERNING A STUDY OF THE PROCESS BY WHICH FUNDS ARE AWARDED BY CONNECTICUT INNOVATIONS, INCORPORATED’, to study the process by which Connecticut Innovations, Incorporated awards funds to start-up businesses to ensure that taxpayer money is used as effectively as possible.
Proposed H.B. No. 6760 REP. YACCARINO, 87th DIST. ‘AN ACT EXEMPTING BIOTECHNOLOGY AND BIOSCIENCE START-UPS FROM THE CORPORATION BUSINESS TAX’, to help grow and encourage the formation of biotechnology and bioscience companies in Connecticut.