Did not become law. It stopped in the Senate's Finance, Revenue and Bonding Committee on January 8, 2025. The 2025 session has ended.
2025 Regular Session
Senate Bill 120
AN ACT CONCERNING THE FIXED CAPITAL TAX CREDIT.
What it does
The synopsis the General Assembly published with the bill.
To increase the amount of the fixed capital tax credit to twenty-five per cent and expand the definition of "fixed capital" to include nonresidential buildings and structures, and certain construction costs and improvements to land in areas zoned for industrial or agricultural use.
Sponsors
Who carried the bill in each chamber, and who signed on. Each name leads to the member's page.
In the Senate
Sponsor
Its course
January 8 to January 8, 2025, on one scale. In the top row each mark is a day something happened; taller marks are busier days.
Each committee stop sits inside its chamber.
Every action1 action on 1 day
In the SenateJan 8 to Jan 8 · stopped0 days
Finance, Revenue and Bonding CommitteeJan 8 to Jan 8 · stopped0 days
Text
Each version as the General Assembly printed it.
l9n doesn't hold this bill's text yet.
What happened
In l9n's words, one line for each step. Every action as the General Assembly published it is below.
In the Senate Jan 8
- Jan 8Introduced and sent to Finance, Revenue and Bonding Committee
All 1 actions, as published
- Jan 8REF. TO JOINT COMM. ONBoth houses